MICHAEL G. HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MICHAEL G. HOLDING ApS
MICHAEL G. HOLDING ApS (CVR number: 30906802) is a company from SILKEBORG. The company recorded a gross profit of 0 kDKK in 2024. The operating profit was -63 kDKK, while net earnings were 295.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 24.9 %, which can be considered excellent and Return on Equity (ROE) was 25.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MICHAEL G. HOLDING ApS's liquidity measured by quick ratio was 2.3 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 200.00 | -4.00 | -48.00 | -10.00 | |
EBIT | 118.00 | -75.00 | - 219.00 | -96.00 | -63.00 |
Net earnings | 108 762.00 | 131 789.00 | 211 661.00 | 275 924.00 | 295 349.00 |
Shareholders equity total | 631 390.00 | 737 202.00 | 884 858.00 | 1 073 849.00 | 1 281 574.00 |
Balance sheet total (assets) | 631 667.00 | 746 395.00 | 884 968.00 | 1 084 862.00 | 1 289 600.00 |
Net debt | -3 203.00 | 9 100.00 | -14 891.00 | 10 768.00 | 7 962.00 |
Profitability | |||||
EBIT-% | |||||
ROA | 18.6 % | 19.1 % | 25.9 % | 28.0 % | 24.9 % |
ROE | 18.6 % | 19.3 % | 26.1 % | 28.2 % | 25.1 % |
ROI | 18.6 % | 19.1 % | 25.9 % | 28.0 % | 24.9 % |
Economic value added (EVA) | 18 579.27 | 22 834.46 | 26 455.37 | 32 224.98 | 40 701.93 |
Solvency | |||||
Equity ratio | 100.0 % | 98.8 % | 100.0 % | 99.0 % | 99.4 % |
Gearing | 1.2 % | 1.0 % | 0.6 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 12.9 | 35.3 | 145.2 | 22.4 | 2.3 |
Current ratio | 12.9 | 327.7 | 390.3 | 266.7 | 127.8 |
Cash and cash equivalents | 3 203.00 | 10.00 | 14 891.00 | 32.00 | 4.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | A |
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