MICHAELS OLIEFYRSSERVICE ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MICHAELS OLIEFYRSSERVICE ApS
MICHAELS OLIEFYRSSERVICE ApS (CVR number: 36490179) is a company from JAMMERBUGT. The company recorded a gross profit of 380.6 kDKK in 2023. The operating profit was -87.4 kDKK, while net earnings were -92.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -46.5 %, which can be considered poor and Return on Equity (ROE) was -133 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 21.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. MICHAELS OLIEFYRSSERVICE ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 558.94 | 516.75 | 389.19 | 572.86 | 380.62 |
EBIT | 33.99 | -11.95 | -90.42 | 81.15 | -87.38 |
Net earnings | 24.09 | -13.41 | -71.18 | 62.57 | -92.13 |
Shareholders equity total | 137.36 | 123.95 | 52.77 | 115.34 | 23.21 |
Balance sheet total (assets) | 316.82 | 289.38 | 148.68 | 269.69 | 106.12 |
Net debt | - 115.07 | - 151.74 | -22.05 | - 187.23 | - 103.77 |
Profitability | |||||
EBIT-% | |||||
ROA | 10.9 % | -3.9 % | -41.3 % | 38.8 % | -46.5 % |
ROE | 16.0 % | -10.3 % | -80.6 % | 74.4 % | -133.0 % |
ROI | 22.6 % | -9.1 % | -102.1 % | 96.1 % | -125.5 % |
Economic value added (EVA) | 20.91 | -13.19 | -68.43 | 61.29 | -86.65 |
Solvency | |||||
Equity ratio | 43.4 % | 42.8 % | 35.5 % | 42.8 % | 21.9 % |
Gearing | 0.7 % | 0.3 % | 1.5 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.2 | 1.3 | 0.8 | 1.7 | 1.3 |
Current ratio | 1.3 | 1.5 | 1.3 | 1.7 | 1.3 |
Cash and cash equivalents | 115.07 | 151.74 | 22.41 | 187.59 | 104.12 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BB |
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