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Michael Reenberg Holding ApS — Credit Rating and Financial Key Figures

CVR number: 36565357
Fruens Vej 14, Skovby 8763 Rask Mølle
tel: 75751018
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Company information

Official name
Michael Reenberg Holding ApS
Established
2015
Domicile
Skovby
Company form
Private limited company
Industry

About Michael Reenberg Holding ApS

Michael Reenberg Holding ApS (CVR number: 36565357) is a company from HEDENSTED. The company recorded a gross profit of -30 kDKK in 2024. The operating profit was -30 kDKK, while net earnings were 1282.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.5 %, which can be considered good but Return on Equity (ROE) was 19.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 69.5 %, 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 Reenberg Holding ApS's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales1 571.49
Gross profit-6.251 565.24-3.75-35.54-29.97
EBIT-6.251 565.24-3.75-35.54-29.97
Net earnings1 000.431 374.122 250.231 138.321 282.81
Shareholders equity total3 217.664 041.785 804.276 442.596 863.15
Balance sheet total (assets)13 190.4214 850.6513 280.5411 566.459 878.99
Net debt1 379.487 594.731 465.061 507.242 200.68
Profitability
EBIT-%99.6 %
ROA12.0 %11.2 %17.0 %10.1 %12.5 %
ROE29.7 %37.9 %45.7 %18.6 %19.3 %
ROI22.8 %16.0 %21.6 %15.4 %15.2 %
Economic value added (EVA)- 184.621 366.55- 718.47- 421.34- 450.88
Solvency
Equity ratio24.4 %27.2 %43.7 %55.7 %69.5 %
Gearing63.8 %252.3 %34.5 %31.9 %32.8 %
Relative net indebtedness %522.2 %
Liquidity
Quick ratio0.31.20.60.50.3
Current ratio0.31.20.60.50.3
Cash and cash equivalents672.032 603.18536.12547.6447.72
Capital use efficiency
Trade debtors turnover (days)
Net working capital %37.8 %
Credit risk
Credit ratingBBBABBBAA

Variable visualization

ROA:12.5%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:69.5%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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