MICHAEL BERG HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 27392849
Masten 30, 3070 Snekkersten
berg@postos.dk
tel: 40862024

Credit rating

Company information

Official name
MICHAEL BERG HOLDING ApS
Established
2003
Company form
Private limited company
Industry

About MICHAEL BERG HOLDING ApS

MICHAEL BERG HOLDING ApS (CVR number: 27392849) is a company from HELSINGØR. The company recorded a gross profit of -0 kDKK in 2023. The operating profit was -0 kDKK, while net earnings were -147.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.5 %, which can be considered poor and Return on Equity (ROE) was -13.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 41.5 %, 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. MICHAEL BERG HOLDING ApS's liquidity measured by quick ratio was 0 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-8.52-0.00-0.01-0.00-0.00
EBIT-8.52-0.00-0.01-0.00-0.00
Net earnings293.37143.61362.80385.79- 147.80
Shareholders equity total245.34388.95751.751 137.54989.75
Balance sheet total (assets)1 632.361 647.412 014.272 400.342 383.70
Net debt- 148.98- 122.29- 169.42-17.50-14.68
Profitability
EBIT-%
ROA21.3 %19.5 %20.1 %28.6 %-1.5 %
ROE37.8 %45.3 %63.6 %40.8 %-13.9 %
ROI255.1 %100.9 %64.4 %66.9 %-3.5 %
Economic value added (EVA)41.7248.4255.4368.81105.15
Solvency
Equity ratio15.0 %23.6 %37.3 %47.4 %41.5 %
Gearing0.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.20.20.00.0
Current ratio0.40.20.20.00.0
Cash and cash equivalents148.98122.29170.2217.5014.68
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-1.54%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:41.5%
Rating: 34/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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