IVAN MIKKELSEN A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About IVAN MIKKELSEN A/S
IVAN MIKKELSEN A/S (CVR number: 21423548) is a company from HERNING. The company recorded a gross profit of -7.5 kDKK in 2025. The operating profit was -7.5 kDKK, while net earnings were 14.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.8 %, which can be considered weak and Return on Equity (ROE) was 2.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 98.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. IVAN MIKKELSEN A/S's liquidity measured by quick ratio was 54.5 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 | -8.88 | -8.66 | -7.74 | -7.58 | -7.51 |
| EBIT | -8.88 | -8.66 | -7.74 | -7.58 | -7.51 |
| Net earnings | 63.41 | -80.36 | 23.61 | 56.77 | 14.73 |
| Shareholders equity total | 755.00 | 561.63 | 585.25 | 642.02 | 656.75 |
| Balance sheet total (assets) | 772.59 | 577.58 | 597.52 | 654.29 | 669.02 |
| Net debt | - 772.59 | - 554.91 | - 563.28 | - 643.52 | - 661.18 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 11.0 % | 5.1 % | 5.3 % | 11.6 % | 2.8 % |
| ROE | 8.8 % | -12.2 % | 4.1 % | 9.3 % | 2.3 % |
| ROI | 11.2 % | 5.3 % | 5.4 % | 11.7 % | 2.9 % |
| Economic value added (EVA) | -41.68 | -44.69 | -34.22 | -35.69 | -38.50 |
| Solvency | |||||
| Equity ratio | 97.7 % | 97.2 % | 97.9 % | 98.1 % | 98.2 % |
| Gearing | 1.2 % | 1.1 % | 1.1 % | ||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 43.9 | 34.8 | 48.7 | 53.3 | 54.5 |
| Current ratio | 43.9 | 34.8 | 48.7 | 53.3 | 54.5 |
| Cash and cash equivalents | 772.59 | 554.91 | 570.55 | 650.79 | 668.46 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | BB | BB | BB |
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