MARTIN MIKKELSEN HOLDING ApS — Credit Rating and Financial Key Figures

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

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 52.2 kDKK in 2024. The operating profit was 23.1 kDKK, while net earnings were 3469 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.3 %, which can be considered excellent but Return on Equity (ROE) was 13.5 %, which can be considered good. 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. MARTIN MIKKELSEN HOLDING ApS's liquidity measured by quick ratio was 108.5 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit46.6344.3549.3133.6752.24
EBIT30.7628.8333.26-13.9623.07
Net earnings2 502.311 997.823 779.636 263.743 469.03
Shareholders equity total16 455.1816 953.0018 108.2024 071.9427 240.97
Balance sheet total (assets)16 496.0917 034.1518 358.7424 308.0727 467.76
Net debt-3 171.10-3 539.43- 134.94-13 253.69-18 944.95
Profitability
EBIT-%
ROA17.2 %14.3 %21.8 %30.2 %17.3 %
ROE16.4 %12.0 %21.6 %29.7 %13.5 %
ROI17.3 %14.3 %21.9 %30.3 %17.4 %
Economic value added (EVA)- 682.44- 806.66- 828.49- 931.29-1 198.88
Solvency
Equity ratio99.8 %99.5 %98.6 %99.0 %99.2 %
Gearing0.2 %1.1 %0.5 %0.6 %
Relative net indebtedness %
Liquidity
Quick ratio215.272.03.377.4108.5
Current ratio215.272.03.377.4108.5
Cash and cash equivalents3 171.103 575.56331.0613 376.2419 115.51
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:17.3%
Rating: 70/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.2%
Rating: 87/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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