MICHAEL G. HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 30906802
Kalsholtvej 6, Sejs-Svejbæk 8600 Silkeborg

Credit rating

Company information

Official name
MICHAEL G. HOLDING ApS
Established
2007
Domicile
Sejs-Svejbæk
Company form
Private limited company
Industry

About MICHAEL G. HOLDING ApS

MICHAEL G. HOLDING ApS (CVR number: 30906802K) is a company from SILKEBORG. The company reported a net sales of 1991.8 mDKK in 2024, demonstrating a growth of 9.4 % compared to the previous year. The operating profit percentage was at 28.9 % (EBIT: 576.2 mDKK), while net earnings were 461.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 23.5 %, which can be considered excellent and Return on Equity (ROE) was 39.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 74 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. MICHAEL G. HOLDING ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales1 131.301 336.111 663.611 820.201 991.77
Gross profit575.29652.29862.641 055.081 182.81
EBIT237.38271.95430.36533.77576.25
Net earnings169.69206.23333.39433.27461.43
Shareholders equity total988.661 144.861 361.071 655.801 973.02
Balance sheet total (assets)1 574.151 760.192 157.412 308.802 666.95
Net debt188.56241.99400.85203.57114.10
Profitability
EBIT-%21.0 %20.4 %25.9 %29.3 %28.9 %
ROA15.0 %16.3 %22.0 %24.8 %23.5 %
ROE29.0 %30.1 %41.1 %44.2 %39.2 %
ROI16.8 %18.6 %25.3 %28.0 %26.3 %
Economic value added (EVA)128.60157.38275.80346.15372.37
Solvency
Equity ratio62.8 %65.0 %63.1 %71.7 %74.0 %
Gearing32.6 %26.3 %32.5 %18.0 %16.2 %
Relative net indebtedness %36.4 %38.7 %43.0 %27.9 %21.8 %
Liquidity
Quick ratio1.61.30.71.31.3
Current ratio4.63.93.04.73.9
Cash and cash equivalents133.6459.0542.0294.27205.46
Capital use efficiency
Trade debtors turnover (days)53.961.160.257.659.9
Net working capital %61.2 %56.5 %57.0 %63.8 %62.0 %
Credit risk
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Variable visualization

ROA:23.5%
Rating: 79/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:74.0%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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