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THORSTEN MIKKELSEN EJENDOMME ApS — Credit Rating and Financial Key Figures

CVR number: 28114109
Klintevej 11, 5300 Kerteminde
Free credit report Annual report

Company information

Official name
THORSTEN MIKKELSEN EJENDOMME ApS
Personnel
2 persons
Established
2004
Company form
Private limited company
Industry

About THORSTEN MIKKELSEN EJENDOMME ApS

THORSTEN MIKKELSEN EJENDOMME ApS (CVR number: 28114109) is a company from KERTEMINDE. The company recorded a gross profit of 4823.5 kDKK in 2024. The operating profit was 3796.7 kDKK, while net earnings were 1796 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.4 %, which can be considered decent and Return on Equity (ROE) was 4.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 40.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. THORSTEN MIKKELSEN EJENDOMME ApS's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit3 349.203 413.703 801.834 207.614 823.48
EBIT11 055.002 562.652 063.634 387.053 796.66
Net earnings8 377.681 773.941 714.143 636.581 796.01
Shareholders equity total30 925.8332 499.7634 013.9037 450.4838 246.49
Balance sheet total (assets)64 444.3471 468.0777 917.0780 437.5293 467.01
Net debt27 804.2233 409.7438 342.0036 698.7248 490.15
Profitability
EBIT-%
ROA18.5 %3.8 %3.6 %6.6 %4.4 %
ROE31.3 %5.6 %5.2 %10.2 %4.7 %
ROI18.6 %3.8 %3.7 %6.7 %4.4 %
Economic value added (EVA)5 922.85-1 162.78-1 909.25- 414.66- 984.73
Solvency
Equity ratio48.0 %45.5 %43.7 %46.6 %40.9 %
Gearing90.4 %102.8 %112.7 %98.0 %126.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.10.10.40.2
Current ratio0.20.10.10.40.2
Cash and cash equivalents144.349.6333.43
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:4.37%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:40.9%
Rating: 34/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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