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Mikkelsen Ejendomme ApS — Credit Rating and Financial Key Figures

CVR number: 39986884
Merkurvej 6, 8723 Løsning
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Company information

Official name
Mikkelsen Ejendomme ApS
Personnel
1 person
Established
2018
Company form
Private limited company
Industry

About Mikkelsen Ejendomme ApS

Mikkelsen Ejendomme ApS (CVR number: 39986884) is a company from HEDENSTED. The company recorded a gross profit of -39.1 kDKK in 2024. The operating profit was -39.1 kDKK, while net earnings were 11.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.7 %, which can be considered weak but Return on Equity (ROE) was 8.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 5.1 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Mikkelsen Ejendomme ApS's liquidity measured by quick ratio was 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit375.401 143.08131.05557.25-39.08
EBIT- 399.81632.66- 398.91465.70-39.08
Net earnings- 388.11378.51- 431.22480.1411.62
Shareholders equity total- 299.6878.83- 352.39127.75139.37
Balance sheet total (assets)5 818.482 472.842 318.232 730.202 727.39
Net debt5 276.202 181.852 525.18787.39129.08
Profitability
EBIT-%
ROA-6.9 %14.7 %-15.5 %19.1 %1.7 %
ROE-13.1 %12.8 %-36.0 %39.3 %8.7 %
ROI-7.2 %15.3 %-15.8 %19.3 %1.7 %
Economic value added (EVA)- 576.41133.51- 516.82355.28- 175.39
Solvency
Equity ratio-4.9 %3.2 %-13.2 %4.7 %5.1 %
Gearing-1912.4 %2876.7 %-723.6 %2023.5 %1844.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.22.50.91.01.1
Current ratio0.32.50.91.01.1
Cash and cash equivalents454.7985.7724.621 797.512 441.39
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:1.73%
Rating: 29/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:5.11%
Rating: 6/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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