Michael Reenberg Holding ApS — Credit Rating and Financial Key Figures

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

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 -35.5 kDKK in 2023. The operating profit was -35.5 kDKK, while net earnings were 1138.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.1 %, which can be considered good but Return on Equity (ROE) was 18.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 55.7 %, 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. Michael Reenberg Holding ApS's liquidity measured by quick ratio was 0.5 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
2019
2020
2021
2022
2023
Volume
Net sales1 571.49
Gross profit-8.00-6.251 565.24-3.75-35.54
EBIT-8.00-6.251 565.24-3.75-35.54
Net earnings1 773.271 000.431 374.122 250.231 138.32
Shareholders equity total3 517.233 217.664 041.785 804.276 442.59
Balance sheet total (assets)3 560.8013 190.4214 850.6513 280.5411 566.45
Net debt26.099 289.487 594.731 465.061 507.24
Profitability
EBIT-%99.6 %
ROA52.1 %12.0 %11.2 %17.0 %10.1 %
ROE52.9 %29.7 %37.9 %45.7 %18.6 %
ROI52.3 %12.0 %11.4 %21.6 %15.4 %
Economic value added (EVA)66.1594.742 183.31102.44282.76
Solvency
Equity ratio98.8 %24.4 %27.2 %43.7 %55.7 %
Gearing0.9 %309.6 %252.3 %34.5 %31.9 %
Relative net indebtedness %522.2 %
Liquidity
Quick ratio0.10.31.20.60.5
Current ratio0.10.31.20.60.5
Cash and cash equivalents6.23672.032 603.18536.12547.64
Capital use efficiency
Trade debtors turnover (days)
Net working capital %37.8 %
Credit risk
Credit ratingBBBAABBBA

Variable visualization

ROA:10.1%
Rating: 57/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:55.7%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.