Michael Rasmussen Transport ApS — Credit Rating and Financial Key Figures

Michael Rasmussen Transport ApS (CVR number: 44062860) is a company from RØDOVRE. The company recorded a gross profit of 1639.9 kDKK in 2024. The operating profit was -1012 kDKK, while net earnings were -932.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -65.1 %, which can be considered poor and Return on Equity (ROE) was -183.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -47.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Michael Rasmussen Transport ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.