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 -14.4 kDKK in 2024. The operating profit was -14.8 kDKK, while net earnings were -15.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -24.3 %, which can be considered poor and Return on Equity (ROE) was -98.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 55.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. MICHAELS OLIEFYRSSERVICE ApS's liquidity measured by quick ratio was 2.3 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 | 516.75 | 389.19 | 572.86 | 380.62 | -14.38 |
| EBIT | -11.95 | -90.42 | 81.15 | -87.38 | -14.85 |
| Net earnings | -13.41 | -71.18 | 62.57 | -92.13 | -15.33 |
| Shareholders equity total | 123.95 | 52.77 | 115.34 | 23.21 | 7.88 |
| Balance sheet total (assets) | 289.38 | 148.68 | 269.69 | 106.12 | 14.13 |
| Net debt | - 151.74 | -22.05 | - 187.23 | - 103.77 | -11.74 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -3.9 % | -41.3 % | 38.8 % | -46.5 % | -24.3 % |
| ROE | -10.3 % | -80.6 % | 74.4 % | -133.0 % | -98.6 % |
| ROI | -9.1 % | -102.1 % | 96.1 % | -125.5 % | -92.8 % |
| Economic value added (EVA) | -18.97 | -76.05 | 60.15 | -96.09 | -16.03 |
| Solvency | |||||
| Equity ratio | 42.8 % | 35.5 % | 42.8 % | 21.9 % | 55.8 % |
| Gearing | 0.7 % | 0.3 % | 1.5 % | ||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.3 | 0.8 | 1.7 | 1.3 | 2.3 |
| Current ratio | 1.5 | 1.3 | 1.7 | 1.3 | 2.3 |
| Cash and cash equivalents | 151.74 | 22.41 | 187.59 | 104.12 | 11.74 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BB | BB | BB | BB |
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