MICHLAR ApS — Credit Rating and Financial Key Figures

CVR number: 26995485
Lyshøjvej 17, 3650 Ølstykke

Credit rating

Company information

Official name
MICHLAR ApS
Established
2004
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About MICHLAR ApS

MICHLAR ApS (CVR number: 26995485) is a company from EGEDAL. The company recorded a gross profit of 5739 kDKK in 2023. The operating profit was 3210.6 kDKK, while net earnings were 2501.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 33.8 %, which can be considered excellent and Return on Equity (ROE) was 39.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 81.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MICHLAR ApS's liquidity measured by quick ratio was 2.8 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 profit4 195.514 696.214 664.834 483.965 738.97
EBIT1 786.322 387.932 428.991 978.463 210.60
Net earnings1 371.901 836.661 867.191 518.172 501.56
Shareholders equity total4 016.185 052.845 420.035 338.207 239.76
Balance sheet total (assets)6 601.777 407.798 326.829 105.889 943.59
Net debt-1 621.97-1 910.33-1 240.68-1 160.16-3 151.50
Profitability
EBIT-%
ROA27.7 %34.1 %30.9 %22.7 %33.8 %
ROE34.9 %40.5 %35.7 %28.2 %39.8 %
ROI45.5 %52.7 %46.3 %36.6 %51.0 %
Economic value added (EVA)1 235.401 739.871 731.041 330.122 292.29
Solvency
Equity ratio60.8 %68.2 %74.6 %68.2 %81.9 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio0.91.41.31.02.8
Current ratio2.43.12.62.33.5
Cash and cash equivalents1 621.971 910.331 240.681 160.163 151.50
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:33.8%
Rating: 85/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:81.9%
Rating: 61/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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