MICHAEL ØRUM HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 32841163
Bragesvej 38, 8230 Åbyhøj

Company information

Official name
MICHAEL ØRUM HOLDING ApS
Established
2010
Company form
Private limited company
Industry

About MICHAEL ØRUM HOLDING ApS

MICHAEL ØRUM HOLDING ApS (CVR number: 32841163) is a company from AARHUS. The company recorded a gross profit of -20 kDKK in 2023. The operating profit was -20 kDKK, while net earnings were 883.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.2 %, which can be considered excellent and Return on Equity (ROE) was 15.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MICHAEL ØRUM HOLDING ApS's liquidity measured by quick ratio was 203.5 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 profit-31.04-20.97-22.66-23.46-19.96
EBIT-31.04-20.97-22.66-23.46-19.96
Net earnings726.751 315.781 583.71- 310.38883.82
Shareholders equity total4 720.275 286.056 519.775 459.396 193.21
Balance sheet total (assets)4 735.525 301.056 606.205 474.396 213.21
Net debt-1 464.46-1 614.12-3 752.46-3 723.95-4 046.86
Profitability
EBIT-%
ROA16.4 %26.4 %28.1 %7.5 %18.2 %
ROE16.4 %26.3 %26.8 %-5.2 %15.2 %
ROI16.5 %26.5 %28.3 %7.5 %18.2 %
Economic value added (EVA)81.9685.66164.02120.6834.00
Solvency
Equity ratio99.7 %99.7 %98.7 %99.7 %99.7 %
Gearing0.1 %
Relative net indebtedness %
Liquidity
Quick ratio96.2107.643.4249.0203.5
Current ratio109.0107.643.4249.0203.5
Cash and cash equivalents1 464.461 614.123 752.463 723.954 051.86
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBA

Variable visualization

ROA:18.2%
Rating: 71/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.7%
Rating: 95/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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