MARTIN MIKKELSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 26989221
Torupvej 4, 7950 Erslev
mail@thorupsmed.dk
tel: 97741544

Company information

Official name
MARTIN MIKKELSEN HOLDING ApS
Established
2004
Company form
Private limited company
Industry

About MARTIN MIKKELSEN HOLDING ApS

MARTIN MIKKELSEN HOLDING ApS (CVR number: 26989221) is a company from MORSØ. The company recorded a gross profit of 33.7 kDKK in 2023. The operating profit was -14 kDKK, while net earnings were 6263.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 30.2 %, which can be considered excellent and Return on Equity (ROE) was 29.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MARTIN MIKKELSEN HOLDING ApS's liquidity measured by quick ratio was 78 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 profit50.4846.6344.3549.3133.67
EBIT35.2530.7628.8333.26-13.96
Net earnings1 591.062 502.311 997.823 779.636 263.74
Shareholders equity total14 063.4716 455.1816 953.0018 108.2024 071.94
Balance sheet total (assets)14 102.1816 496.0917 034.1518 358.7424 308.07
Net debt-6 612.69-3 171.10-3 539.43- 134.94-5 448.37
Profitability
EBIT-%
ROA13.4 %17.2 %14.3 %21.8 %30.2 %
ROE11.9 %16.4 %12.0 %21.6 %29.7 %
ROI13.4 %17.3 %14.3 %21.9 %30.3 %
Economic value added (EVA)179.75153.56-98.90-52.57- 297.35
Solvency
Equity ratio99.7 %99.8 %99.5 %98.6 %99.0 %
Gearing0.2 %1.1 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio447.0215.272.03.378.0
Current ratio447.0215.272.03.378.0
Cash and cash equivalents6 612.693 171.103 575.56331.065 467.92
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:30.2%
Rating: 83/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.0%
Rating: 85/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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