MIKAEL NIELSEN, VOERSÅ HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 33358717
Holtbjergvej 13, 9330 Dronninglund

Company information

Official name
MIKAEL NIELSEN, VOERSÅ HOLDING ApS
Established
2010
Company form
Private limited company
Industry

About MIKAEL NIELSEN, VOERSÅ HOLDING ApS

MIKAEL NIELSEN, VOERSÅ HOLDING ApS (CVR number: 33358717) is a company from FREDERIKSHAVN. The company recorded a gross profit of -28.9 kDKK in 2023. The operating profit was -28.9 kDKK, while net earnings were 829.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.4 %, which can be considered good and Return on Equity (ROE) was 12.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 100 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MIKAEL NIELSEN, VOERSÅ 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-9.84-10.07-12.69-36.67-28.93
EBIT-9.84-10.07-12.69-36.67-28.93
Net earnings583.11115.721 261.07- 632.53829.93
Shareholders equity total5 948.135 953.257 101.326 354.407 066.52
Balance sheet total (assets)6 077.856 065.397 406.216 722.117 066.52
Net debt-2 092.77-2 716.28-4 012.19-3 477.61-4 315.46
Profitability
EBIT-%
ROA10.5 %2.5 %21.2 %6.9 %11.4 %
ROE10.2 %1.9 %19.3 %-9.4 %12.4 %
ROI10.6 %2.5 %21.9 %7.3 %11.7 %
Economic value added (EVA)- 167.37-77.71-88.99-18.00-40.68
Solvency
Equity ratio97.9 %98.2 %95.9 %94.5 %100.0 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio37.144.717.614.0
Current ratio37.144.717.614.0
Cash and cash equivalents2 092.772 716.284 012.193 477.614 315.46
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:11.4%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:100.0%
Rating: 100/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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