Michael Almeborg ApS — Credit Rating and Financial Key Figures

Michael Almeborg ApS (CVR number: 27988172K) is a company from BORNHOLMS REGIONSKOMMUNE. The company reported a net sales of 79.1 mDKK in 2013, demonstrating a growth of 6.6 % compared to the previous year. The operating profit percentage was at 4.8 % (EBIT: 3.8 mDKK), while net earnings were 3149 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.3 %, which can be considered good and Return on Equity (ROE) was 11.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 68 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Michael Almeborg ApS's liquidity measured by quick ratio was 2.3 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.