MICHAEL MAACH HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MICHAEL MAACH HOLDING ApS
MICHAEL MAACH HOLDING ApS (CVR number: 28127294) is a company from VEJLE. The company recorded a gross profit of 494.4 kDKK in 2023. The operating profit was -791.6 kDKK, while net earnings were 264.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4 %, which can be considered weak but Return on Equity (ROE) was 4.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 43.8 %, 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 MAACH HOLDING ApS's liquidity measured by quick ratio was 1.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 684.92 | 694.06 | 689.35 | 586.90 | 494.42 |
EBIT | 1 903.24 | 761.06 | 689.35 | 586.90 | - 791.57 |
Net earnings | 1 350.52 | 457.43 | 415.49 | 322.49 | 264.31 |
Shareholders equity total | 4 956.97 | 5 414.41 | 5 829.90 | 6 152.39 | 6 416.70 |
Balance sheet total (assets) | 18 034.72 | 18 376.93 | 18 494.67 | 18 753.30 | 14 642.64 |
Net debt | 11 090.58 | 10 823.23 | 10 633.91 | 10 722.98 | 4 872.61 |
Profitability | |||||
EBIT-% | |||||
ROA | 13.3 % | 4.8 % | 4.3 % | 3.8 % | 4.0 % |
ROE | 30.1 % | 8.8 % | 7.4 % | 5.4 % | 4.2 % |
ROI | 14.0 % | 5.1 % | 4.7 % | 3.9 % | 4.3 % |
Economic value added (EVA) | 859.88 | - 160.00 | - 231.98 | - 330.67 | -1 437.23 |
Solvency | |||||
Equity ratio | 27.5 % | 29.5 % | 31.5 % | 32.8 % | 43.8 % |
Gearing | 224.3 % | 200.6 % | 183.0 % | 175.0 % | 96.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.7 | 1.7 | 1.7 | 1.7 | 1.8 |
Current ratio | 1.7 | 1.7 | 1.7 | 1.7 | 1.8 |
Cash and cash equivalents | 28.04 | 35.48 | 36.26 | 41.88 | 1 290.99 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | A | A | A | A |
Variable visualization
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