Mikkelzen Holding ApS — Credit Rating and Financial Key Figures

CVR number: 40689176
Niels Lambertsens Vej 51, 6705 Esbjerg Ø

Credit rating

Company information

Official name
Mikkelzen Holding ApS
Established
2019
Company form
Private limited company
Industry

About Mikkelzen Holding ApS

Mikkelzen Holding ApS (CVR number: 40689176) is a company from ESBJERG. The company reported a net sales of 0.4 mDKK in 2023, demonstrating a decline of -10.6 % compared to the previous year. The operating profit percentage was at 97.2 % (EBIT: 0.4 mDKK), while net earnings were 366.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 31.4 %, which can be considered excellent and Return on Equity (ROE) was 33.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 94.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Mikkelzen Holding ApS's liquidity measured by quick ratio was 3.6 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
Volume
Net sales199.00517.00427.00381.71
Gross profit185.00510.00419.00371.10
EBIT185.00510.00419.00371.10
Net earnings173.00505.00416.00366.36
Shareholders equity total223.00678.00979.001 227.76
Balance sheet total (assets)837.001 147.001 057.001 304.95
Net debt556.00430.0048.0065.29
Profitability
EBIT-%93.0 %98.6 %98.1 %97.2 %
ROA22.1 %51.4 %38.0 %31.4 %
ROE77.6 %112.1 %50.2 %33.2 %
ROI22.6 %52.1 %38.4 %31.8 %
Economic value added (EVA)185.00468.80361.87318.69
Solvency
Equity ratio26.6 %59.1 %92.6 %94.1 %
Gearing267.7 %67.7 %6.5 %5.3 %
Relative net indebtedness %287.9 %85.1 %14.5 %20.2 %
Liquidity
Quick ratio0.20.20.23.6
Current ratio0.20.20.23.6
Cash and cash equivalents41.0029.0016.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-79.9 %-23.0 %-13.8 %51.9 %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:31.4%
Rating: 84/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:94.1%
Rating: 75/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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