MICHAEL COLD HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MICHAEL COLD HOLDING ApS
MICHAEL COLD HOLDING ApS (CVR number: 36041293) is a company from HJØRRING. The company recorded a gross profit of -3.6 kDKK in 2024. The operating profit was -3.6 kDKK, while net earnings were 2157.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 84.3 %, which can be considered excellent and Return on Equity (ROE) was 106 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 64.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. MICHAEL COLD HOLDING ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -50.00 | 10.57 | -20.88 | -5.00 | -3.60 |
EBIT | -50.00 | 10.57 | -20.88 | -5.00 | -3.60 |
Net earnings | 480.99 | 388.25 | 795.59 | 564.21 | 2 157.80 |
Shareholders equity total | -1 834.69 | -1 446.44 | - 650.85 | -86.64 | 2 071.16 |
Balance sheet total (assets) | 695.88 | 1 144.70 | 2 023.34 | 2 001.74 | 3 207.40 |
Net debt | 2 385.32 | 2 151.43 | 2 256.41 | 1 665.59 | - 220.55 |
Profitability | |||||
EBIT-% | |||||
ROA | 21.3 % | 18.4 % | 33.5 % | 26.6 % | 84.3 % |
ROE | 86.1 % | 42.2 % | 50.2 % | 28.0 % | 106.0 % |
ROI | 22.4 % | 20.6 % | 39.9 % | 32.3 % | 119.4 % |
Economic value added (EVA) | -64.09 | -18.13 | -57.23 | -85.68 | -82.94 |
Solvency | |||||
Equity ratio | -72.5 % | -55.8 % | -24.3 % | -4.1 % | 64.6 % |
Gearing | -130.7 % | -150.0 % | -346.7 % | -1922.5 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.0 | 0.0 | 0.0 | 0.0 | 0.5 |
Current ratio | 0.0 | 0.0 | 0.0 | 0.0 | 0.5 |
Cash and cash equivalents | 12.44 | 18.44 | 0.01 | 0.01 | 220.55 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BBB | BBB |
Variable visualization
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