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MK Siigaard Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MK Siigaard Holding ApS
MK Siigaard Holding ApS (CVR number: 38842374) is a company from IKAST-BRANDE. The company recorded a gross profit of -13.7 kDKK in 2025. The operating profit was -13.7 kDKK, while net earnings were 103.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10 %, which can be considered good and Return on Equity (ROE) was 11.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 79.5 %, 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. MK Siigaard Holding ApS's liquidity measured by quick ratio was 3.7 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -6.38 | -8.16 | -7.90 | -7.90 | -13.65 |
| EBIT | -6.38 | -8.16 | -7.90 | -7.90 | -13.65 |
| Net earnings | 229.84 | 217.02 | 131.22 | 106.45 | 103.64 |
| Shareholders equity total | 1 207.17 | 1 047.78 | 1 061.20 | 1 045.66 | 807.41 |
| Balance sheet total (assets) | 1 293.01 | 1 048.89 | 1 062.13 | 1 047.19 | 1 015.22 |
| Net debt | 28.98 | 0.50 | - 197.49 | - 376.41 | - 220.96 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 17.9 % | 19.1 % | 12.5 % | 10.4 % | 10.0 % |
| ROE | 20.0 % | 19.2 % | 12.4 % | 10.1 % | 11.2 % |
| ROI | 17.9 % | 19.1 % | 12.5 % | 10.4 % | 11.2 % |
| Economic value added (EVA) | -73.05 | -73.14 | -60.60 | -61.27 | -66.19 |
| Solvency | |||||
| Equity ratio | 93.4 % | 99.9 % | 99.9 % | 99.9 % | 79.5 % |
| Gearing | 7.1 % | 0.1 % | 0.1 % | ||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 6.6 | 300.9 | 560.5 | 454.3 | 3.7 |
| Current ratio | 6.6 | 300.9 | 560.5 | 454.3 | 3.7 |
| Cash and cash equivalents | 56.86 | 0.42 | 198.41 | 376.41 | 220.96 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | AA | A | AA | AA | A |
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