HØGH MIKKELSEN & MORA ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About HØGH MIKKELSEN & MORA ApS
HØGH MIKKELSEN & MORA ApS (CVR number: 30272501) is a company from KØBENHAVN. The company recorded a gross profit of -43.3 kDKK in 2023. The operating profit was -48.3 kDKK, while net earnings were -54.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -45.1 %, which can be considered poor and Return on Equity (ROE) was -88 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 54.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. HØGH MIKKELSEN & MORA ApS's liquidity measured by quick ratio was 2.2 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -16.00 | 8.71 | 5.93 | 109.88 | -43.30 |
EBIT | -19.94 | 5.76 | 3.71 | 108.22 | -48.28 |
Net earnings | -16.95 | -2.53 | 1.15 | 82.04 | -54.36 |
Shareholders equity total | 8.27 | 5.74 | 6.89 | 88.93 | 34.57 |
Balance sheet total (assets) | 40.49 | 44.48 | 41.95 | 151.05 | 63.28 |
Net debt | 30.10 | 25.96 | 22.14 | -59.04 | -39.92 |
Profitability | |||||
EBIT-% | |||||
ROA | -26.2 % | 13.6 % | 8.6 % | 112.1 % | -45.1 % |
ROE | -101.2 % | -36.1 % | 18.2 % | 171.2 % | -88.0 % |
ROI | -29.3 % | 16.4 % | 12.2 % | 129.7 % | -49.3 % |
Economic value added (EVA) | -14.75 | 3.83 | 3.43 | 83.10 | -47.33 |
Solvency | |||||
Equity ratio | 20.4 % | 12.9 % | 16.4 % | 58.9 % | 54.6 % |
Gearing | 363.7 % | 452.0 % | 321.3 % | 54.9 % | 67.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 13.2 | 0.9 | 1.0 | 2.4 | 2.2 |
Current ratio | 13.2 | 0.9 | 1.0 | 2.4 | 2.2 |
Cash and cash equivalents | 107.91 | 63.28 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | B |
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