MICHAELGROSER.DK ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MICHAELGROSER.DK ApS
MICHAELGROSER.DK ApS (CVR number: 11058035) is a company from HELSINGØR. The company recorded a gross profit of 579.6 kDKK in 2024. The operating profit was -59.4 kDKK, while net earnings were -77.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -12.5 %, which can be considered poor and Return on Equity (ROE) was -24.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 69.8 %, 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. MICHAELGROSER.DK ApS's liquidity measured by quick ratio was 3.3 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 273.57 | 757.62 | 672.51 | 715.71 | 579.63 |
EBIT | - 391.12 | 256.18 | 148.86 | 121.06 | -59.42 |
Net earnings | - 306.09 | 191.67 | 111.42 | 118.58 | -77.28 |
Shareholders equity total | 186.46 | 378.13 | 376.55 | 380.73 | 244.55 |
Balance sheet total (assets) | 357.82 | 567.01 | 569.76 | 598.93 | 350.38 |
Net debt | - 169.37 | - 455.69 | 35.92 | - 476.44 | - 167.28 |
Profitability | |||||
EBIT-% | |||||
ROA | -76.4 % | 55.4 % | 26.2 % | 20.7 % | -12.5 % |
ROE | -77.8 % | 67.9 % | 29.5 % | 31.3 % | -24.7 % |
ROI | -96.4 % | 83.1 % | 36.4 % | 30.3 % | -18.5 % |
Economic value added (EVA) | - 317.17 | 199.68 | 121.18 | 102.14 | -71.04 |
Solvency | |||||
Equity ratio | 52.1 % | 66.7 % | 66.1 % | 63.6 % | 69.8 % |
Gearing | 13.2 % | 7.2 % | 9.5 % | 1.8 % | 4.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.1 | 3.0 | 2.9 | 2.7 | 3.3 |
Current ratio | 2.1 | 3.0 | 2.9 | 2.7 | 3.3 |
Cash and cash equivalents | 193.96 | 483.04 | 483.20 | 178.56 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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