Mikael Skov Holding II ApS — Credit Rating and Financial Key Figures

Mikael Skov Holding II ApS (CVR number: 44258579) is a company from VARDE. The company recorded a gross profit of -5 kDKK in 2024. The operating profit was -5 kDKK, while net earnings were 50.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24.1 %, which can be considered excellent and Return on Equity (ROE) was 55.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 28.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Mikael Skov Holding II 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.