MICHAELSEN & SKOV EJENDOMME ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MICHAELSEN & SKOV EJENDOMME ApS
MICHAELSEN & SKOV EJENDOMME ApS (CVR number: 34042969) is a company from RUDERSDAL. The company recorded a gross profit of -102.2 kDKK in 2024. The operating profit was 2021.4 kDKK, while net earnings were 1557.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 33 %, which can be considered excellent and Return on Equity (ROE) was 36 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 82.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MICHAELSEN & SKOV EJENDOMME ApS's liquidity measured by quick ratio was 5.6 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 | 270.76 | 218.77 | 254.13 | 163.75 | - 102.17 |
| EBIT | 670.76 | 218.77 | 254.13 | 1 567.13 | 2 021.40 |
| Net earnings | 433.81 | 80.02 | 96.62 | 1 132.07 | 1 557.53 |
| Shareholders equity total | 2 233.20 | 2 313.22 | 2 409.84 | 3 541.91 | 5 099.44 |
| Balance sheet total (assets) | 7 125.43 | 6 974.23 | 7 001.70 | 6 302.92 | 6 206.89 |
| Net debt | 1 503.10 | 1 458.00 | 1 345.60 | 1 276.62 | -6 156.89 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 9.8 % | 3.1 % | 3.6 % | 23.6 % | 33.0 % |
| ROE | 21.5 % | 3.5 % | 4.1 % | 38.0 % | 36.0 % |
| ROI | 10.2 % | 3.2 % | 4.5 % | 30.9 % | 38.3 % |
| Economic value added (EVA) | 323.71 | -53.81 | -25.65 | 1 014.63 | 1 318.55 |
| Solvency | |||||
| Equity ratio | 31.3 % | 33.2 % | 34.4 % | 56.2 % | 82.2 % |
| Gearing | 79.7 % | 73.1 % | 66.7 % | 43.5 % | |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.0 | 0.9 | 1.1 | 0.8 | 5.6 |
| Current ratio | 1.0 | 0.9 | 1.1 | 0.8 | 5.6 |
| Cash and cash equivalents | 277.75 | 231.91 | 260.64 | 264.22 | 6 156.89 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | BBB | A | B |
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