CHARLES MICHAELSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 33779011
Serup Kirkevej 6, 7790 Thyholm

Company information

Official name
CHARLES MICHAELSEN HOLDING ApS
Established
2011
Company form
Private limited company
Industry

About CHARLES MICHAELSEN HOLDING ApS

CHARLES MICHAELSEN HOLDING ApS (CVR number: 33779011) is a company from STRUER. The company recorded a gross profit of 47.6 kDKK in 2023. The operating profit was 45.7 kDKK, while net earnings were 2732.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 31.5 %, which can be considered excellent and Return on Equity (ROE) was 32.5 %, 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. CHARLES MICHAELSEN HOLDING ApS's liquidity measured by quick ratio was 146.2 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 profit15.7421.2252.7147.6947.62
EBIT13.8119.2950.7745.7545.69
Net earnings965.77116.56573.13389.482 732.68
Shareholders equity total6 273.886 303.836 785.967 085.449 728.13
Balance sheet total (assets)6 311.036 353.847 027.178 140.919 783.58
Net debt-3 024.55-3 632.24-4 361.42-3 978.54-8 085.31
Profitability
EBIT-%
ROA17.0 %2.8 %10.3 %11.0 %31.5 %
ROE16.6 %1.9 %8.8 %5.6 %32.5 %
ROI17.2 %2.8 %10.5 %11.2 %31.8 %
Economic value added (EVA)-58.21-49.50-51.93-36.6011.39
Solvency
Equity ratio99.4 %99.2 %96.6 %87.0 %99.4 %
Gearing1.4 %13.2 %
Relative net indebtedness %
Liquidity
Quick ratio82.276.418.54.7146.2
Current ratio82.276.418.54.7146.2
Cash and cash equivalents3 024.553 632.244 454.464 915.818 085.31
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:31.5%
Rating: 84/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.4%
Rating: 91/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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