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Tømrerfirmaet Michael Bundgaard ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Tømrerfirmaet Michael Bundgaard ApS
Tømrerfirmaet Michael Bundgaard ApS (CVR number: 40295607) is a company from AALBORG. The company recorded a gross profit of 360.5 kDKK in 2025. The operating profit was -7.4 kDKK, while net earnings were -7.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.5 %, which can be considered poor and Return on Equity (ROE) was -4.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 63.9 %, 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. Tømrerfirmaet Michael Bundgaard ApS's liquidity measured by quick ratio was 1.6 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 | 374.36 | 316.13 | 322.56 | 348.99 | 360.49 |
| EBIT | 34.19 | 10.01 | 5.37 | -9.32 | -7.42 |
| Net earnings | 25.01 | 6.32 | 4.20 | -6.94 | -7.50 |
| Shareholders equity total | 172.60 | 178.91 | 183.12 | 176.17 | 168.67 |
| Balance sheet total (assets) | 271.94 | 257.19 | 292.56 | 325.08 | 263.99 |
| Net debt | - 153.98 | - 122.08 | - 142.83 | - 180.47 | -69.81 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 11.7 % | 3.8 % | 2.2 % | -2.8 % | -2.5 % |
| ROE | 15.6 % | 3.6 % | 2.3 % | -3.9 % | -4.4 % |
| ROI | 20.9 % | 5.5 % | 3.2 % | -4.7 % | -4.2 % |
| Economic value added (EVA) | 18.83 | -1.87 | -5.48 | -16.97 | -16.28 |
| Solvency | |||||
| Equity ratio | 63.5 % | 69.6 % | 62.6 % | 54.2 % | 63.9 % |
| Gearing | 0.9 % | 1.7 % | 2.2 % | ||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 2.4 | 3.2 | 2.6 | 2.1 | 1.6 |
| Current ratio | 2.4 | 3.3 | 2.6 | 2.1 | 1.6 |
| Cash and cash equivalents | 155.48 | 125.08 | 146.83 | 180.47 | 69.81 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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