MICODAN EJENDOMME A/S — Credit Rating and Financial Key Figures

CVR number: 35466630
Industrimarken 4, 9530 Støvring

Company information

Official name
MICODAN EJENDOMME A/S
Established
2013
Company form
Limited company
Industry

About MICODAN EJENDOMME A/S

MICODAN EJENDOMME A/S (CVR number: 35466630) is a company from REBILD. The company recorded a gross profit of 1590.6 kDKK in 2024. The operating profit was 1066.9 kDKK, while net earnings were 777.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.4 %, which can be considered good and Return on Equity (ROE) was 11.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 36.4 %, 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. MICODAN EJENDOMME A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 414.001 444.001 469.001 586.001 590.64
EBIT890.00920.00945.001 062.001 066.87
Net earnings660.00687.00710.00791.00777.55
Shareholders equity total6 129.006 216.006 325.006 516.006 593.38
Balance sheet total (assets)16 288.0016 392.0016 639.0017 155.0018 130.97
Net debt7 095.007 354.007 550.007 853.008 817.12
Profitability
EBIT-%
ROA5.9 %6.1 %6.3 %7.6 %8.4 %
ROE10.9 %11.1 %11.3 %12.3 %11.9 %
ROI6.1 %6.3 %6.4 %7.8 %8.6 %
Economic value added (EVA)262.48312.70363.40484.23507.26
Solvency
Equity ratio37.6 %37.9 %38.0 %38.0 %36.4 %
Gearing115.8 %118.3 %119.4 %121.3 %134.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.70.70.80.9
Current ratio0.70.70.70.80.9
Cash and cash equivalents50.0064.81
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:8.42%
Rating: 53/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:36.4%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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