MICHAEL K NIELSEN HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MICHAEL K NIELSEN HOLDING ApS
MICHAEL K NIELSEN HOLDING ApS (CVR number: 36029218) is a company from HOLSTEBRO. The company recorded a gross profit of -69.8 kDKK in 2024. The operating profit was -69.8 kDKK, while net earnings were 1533.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 45.9 %, which can be considered excellent and Return on Equity (ROE) was 45.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MICHAEL K NIELSEN HOLDING ApS's liquidity measured by quick ratio was 1293.1 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 | -3.88 | -4.55 | -8.75 | -8.30 | -69.75 |
EBIT | -3.88 | -4.55 | -8.75 | -8.30 | -69.75 |
Net earnings | 595.99 | 878.27 | 716.68 | 325.77 | 1 533.84 |
Shareholders equity total | 1 540.75 | 2 306.02 | 2 908.70 | 2 834.47 | 3 868.31 |
Balance sheet total (assets) | 1 543.25 | 2 308.52 | 2 911.20 | 2 836.97 | 3 870.81 |
Net debt | - 179.33 | - 561.75 | -1 024.77 | - 652.96 | -3 230.95 |
Profitability | |||||
EBIT-% | |||||
ROA | 45.8 % | 45.7 % | 30.4 % | 11.4 % | 45.9 % |
ROE | 45.9 % | 45.7 % | 27.5 % | 11.3 % | 45.8 % |
ROI | 45.9 % | 45.7 % | 30.4 % | 11.4 % | 45.9 % |
Economic value added (EVA) | 32.13 | 51.55 | 66.59 | 74.06 | -37.02 |
Solvency | |||||
Equity ratio | 99.8 % | 99.9 % | 99.9 % | 99.9 % | 99.9 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 71.7 | 224.7 | 409.9 | 518.2 | 1 293.1 |
Current ratio | 71.7 | 224.7 | 409.9 | 518.2 | 1 293.1 |
Cash and cash equivalents | 179.33 | 561.75 | 1 024.77 | 652.96 | 3 230.95 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | BBB | BBB |
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