MICHAEL HOUGAARD HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 36024844
Sdr Aldumvej 1, 8781 Stenderup
Free credit report Annual report

Credit rating

Company information

Official name
MICHAEL HOUGAARD HOLDING ApS
Personnel
1 person
Established
2014
Company form
Private limited company
Industry

About MICHAEL HOUGAARD HOLDING ApS

MICHAEL HOUGAARD HOLDING ApS (CVR number: 36024844) is a company from HEDENSTED. The company recorded a gross profit of 0 kDKK in 2024, demonstrating a growth of 0 % compared to the previous year. The operating profit was -32.3 kDKK, while net earnings were 200.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.4 %, which can be considered weak and Return on Equity (ROE) was 0.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 97.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MICHAEL HOUGAARD HOLDING ApS's liquidity measured by quick ratio was 46.8 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales2 000.0083 547.25-1 092.42
Gross profit2 000.0083 547.25-1 092.42
EBIT1 993.8083 511.69-32.59-1 112.00-32.29
Net earnings1 988.4491 209.92-9 551.80-5 685.88200.41
Shareholders equity total2 884.6363 594.5454 042.7448 356.8748 557.28
Balance sheet total (assets)3 705.1665 902.2154 075.1348 513.2449 617.59
Net debt70.64-42 368.99-44 520.15-47 325.97-48 139.38
Profitability
EBIT-%99.7 %100.0 %
ROA52.1 %268.4 %-15.7 %-10.7 %0.4 %
ROE68.8 %274.4 %-16.2 %-11.1 %0.4 %
ROI52.4 %277.6 %-16.0 %-10.7 %0.4 %
Economic value added (EVA)1 800.3881 391.80-3 228.97-3 859.87-2 465.13
Solvency
Equity ratio77.9 %96.5 %99.9 %99.7 %97.9 %
Gearing28.3 %0.0 %0.0 %0.1 %2.1 %
Relative net indebtedness %3.8 %-48.0 %4323.2 %
Liquidity
Quick ratio0.928.61 669.8310.246.8
Current ratio0.928.61 669.8310.246.8
Cash and cash equivalents744.4942 384.0244 535.1347 383.9249 175.05
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-3.8 %75.3 %-3541.8 %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:0.43%
Rating: 22/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.9%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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