MICODAN A/S — Credit Rating and Financial Key Figures

CVR number: 88484312
Industrimarken 4, Sørup 9530 Støvring
tel: 98372700

Company information

Official name
MICODAN A/S
Personnel
47 persons
Established
1980
Domicile
Sørup
Company form
Limited company
Industry

About MICODAN A/S

MICODAN A/S (CVR number: 88484312) is a company from REBILD. The company recorded a gross profit of 26.6 mDKK in 2024. The operating profit was 3621.8 kDKK, while net earnings were 2149.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.6 %, which can be considered good but Return on Equity (ROE) was 20.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 21.9 %, 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 A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit21 185.0026 228.0026 969.0027 239.0026 645.80
EBIT1 476.005 543.005 735.005 903.003 621.80
Net earnings- 281.004 420.004 512.004 042.002 149.38
Shareholders equity total7 477.0011 897.0012 009.0011 550.009 699.80
Balance sheet total (assets)42 802.0046 628.0041 109.0048 018.0044 605.71
Net debt12 445.005 643.0014 562.0014 415.0019 543.26
Profitability
EBIT-%
ROA3.6 %13.7 %14.0 %15.3 %9.6 %
ROE-3.6 %45.6 %37.7 %34.3 %20.2 %
ROI4.3 %17.2 %18.0 %18.7 %11.5 %
Economic value added (EVA)1 534.344 709.934 739.504 311.252 878.57
Solvency
Equity ratio17.5 %25.6 %29.3 %24.1 %21.9 %
Gearing371.4 %188.8 %172.4 %234.6 %284.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.70.60.70.6
Current ratio1.01.11.11.11.1
Cash and cash equivalents15 323.0016 814.006 140.0012 687.008 041.61
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:9.58%
Rating: 56/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:21.9%
Rating: 21/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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