MICHAEL HØGHOLM PEDERSEN ApS — Credit Rating and Financial Key Figures

CVR number: 25447409
Hjortevej 4, 7800 Skive
mp@fpgruppen.dk
tel: 86626911

Credit rating

Company information

Official name
MICHAEL HØGHOLM PEDERSEN ApS
Established
2000
Company form
Private limited company
Industry

About MICHAEL HØGHOLM PEDERSEN ApS

MICHAEL HØGHOLM PEDERSEN ApS (CVR number: 25447409) is a company from SKIVE. The company recorded a gross profit of -22 kDKK in 2023. The operating profit was -22 kDKK, while net earnings were 201.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.1 %, which can be considered good but Return on Equity (ROE) was 6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 99.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MICHAEL HØGHOLM PEDERSEN ApS's liquidity measured by quick ratio was 128.6 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-20.05-18.56-21.05-24.74-21.98
EBIT-20.05-18.56-21.05-24.74-21.98
Net earnings-4.38300.04- 276.6864.02201.50
Shareholders equity total3 600.843 845.583 431.903 337.923 402.43
Balance sheet total (assets)3 789.234 005.653 480.073 364.173 429.09
Net debt-3 494.26-3 843.51-3 232.03-3 121.00-3 267.09
Profitability
EBIT-%
ROA3.7 %10.6 %3.0 %7.2 %8.1 %
ROE-0.1 %8.1 %-7.6 %1.9 %6.0 %
ROI3.9 %11.1 %3.1 %7.3 %8.2 %
Economic value added (EVA)-19.47-19.83-16.53-29.35-27.90
Solvency
Equity ratio95.0 %96.0 %98.6 %99.2 %99.2 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio20.144.172.2128.2128.6
Current ratio20.144.172.2128.2128.6
Cash and cash equivalents3 494.263 843.513 232.033 121.003 267.09
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBBBB

Variable visualization

ROA:8.14%
Rating: 52/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.2%
Rating: 88/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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