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Morten Michaelsen Holding ApS — Credit Rating and Financial Key Figures

CVR number: 40024344
Ribevej 9, 7171 Uldum
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Credit rating

Company information

Official name
Morten Michaelsen Holding ApS
Established
2018
Company form
Private limited company
Industry

About Morten Michaelsen Holding ApS

Morten Michaelsen Holding ApS (CVR number: 40024344) is a company from HEDENSTED. The company recorded a gross profit of -155.6 kDKK in 2025. The operating profit was -155.6 kDKK, while net earnings were 1969.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.8 %, which can be considered excellent and Return on Equity (ROE) was 21.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 84.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Morten Michaelsen Holding ApS's liquidity measured by quick ratio was 0.6 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
2021
2022
2023
2024
2025
Volume
Net sales
Gross profit-6.20-6.45-7.54-13.91- 155.60
EBIT-6.20-6.45-7.54-13.91- 155.60
Net earnings1 243.66348.011 364.451 852.571 969.75
Shareholders equity total5 120.165 256.386 503.038 207.5710 042.32
Balance sheet total (assets)6 094.218 643.828 354.0315 491.7211 881.80
Net debt774.673 263.531 728.685 797.61104.00
Profitability
EBIT-%
ROA23.6 %5.2 %17.5 %17.1 %15.8 %
ROE27.3 %6.7 %23.2 %25.2 %21.6 %
ROI24.6 %5.3 %17.8 %18.4 %17.9 %
Economic value added (EVA)- 220.71- 301.89- 434.57- 424.70- 838.83
Solvency
Equity ratio84.0 %60.8 %77.8 %53.0 %84.5 %
Gearing15.1 %62.1 %26.6 %70.8 %1.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.81.11.20.10.6
Current ratio1.81.11.20.10.6
Cash and cash equivalents16.6819.34
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:15.8%
Rating: 67/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:84.5%
Rating: 64/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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