MICHAEL COLD HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 36041293
Pastelvej 14, 9850 Hirtshals

Credit rating

Company information

Official name
MICHAEL COLD HOLDING ApS
Established
2014
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-50.0010.57-20.88-5.00-3.60
EBIT-50.0010.57-20.88-5.00-3.60
Net earnings480.99388.25795.59564.212 157.80
Shareholders equity total-1 834.69-1 446.44- 650.85-86.642 071.16
Balance sheet total (assets)695.881 144.702 023.342 001.743 207.40
Net debt2 385.322 151.432 256.411 665.59- 220.55
Profitability
EBIT-%
ROA21.3 %18.4 %33.5 %26.6 %84.3 %
ROE86.1 %42.2 %50.2 %28.0 %106.0 %
ROI22.4 %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 ratio0.00.00.00.00.5
Current ratio0.00.00.00.00.5
Cash and cash equivalents12.4418.440.010.01220.55
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:84.3%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:64.6%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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