VAD MIKKELSEN DANS ApS — Credit Rating and Financial Key Figures

CVR number: 29611513
Sommervej 19, Hasle 8210 Aarhus V
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Company information

Official name
VAD MIKKELSEN DANS ApS
Personnel
42 persons
Established
2006
Domicile
Hasle
Company form
Private limited company
Industry

About VAD MIKKELSEN DANS ApS

VAD MIKKELSEN DANS ApS (CVR number: 29611513) is a company from AARHUS. The company recorded a gross profit of 6407.1 kDKK in 2023. The operating profit was 1555.3 kDKK, while net earnings were 1213.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 57 %, which can be considered excellent and Return on Equity (ROE) was 98.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 57 %, 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. VAD MIKKELSEN DANS ApS's liquidity measured by quick ratio was 3 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

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Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit3 486.382 742.124 887.544 966.766 407.13
EBIT- 321.90- 805.901 101.161 102.481 555.27
Net earnings- 259.12- 641.25831.38852.621 213.54
Shareholders equity total635.42-5.83825.55978.171 491.71
Balance sheet total (assets)2 644.972 858.662 616.272 649.472 837.50
Net debt-1 112.17-1 710.50-1 881.06-1 827.65-2 004.23
Profitability
EBIT-%
ROA-12.0 %-29.1 %40.2 %42.2 %57.0 %
ROE-23.8 %-36.7 %45.1 %94.5 %98.3 %
ROI-28.5 %-222.2 %226.1 %113.7 %122.8 %
Economic value added (EVA)- 284.39- 605.72944.39909.781 252.71
Solvency
Equity ratio44.8 %-0.5 %46.2 %46.4 %57.0 %
Gearing3.5 %-1056.4 %8.9 %4.9 %0.8 %
Relative net indebtedness %
Liquidity
Quick ratio2.42.62.42.43.0
Current ratio0.90.91.21.52.3
Cash and cash equivalents1 134.571 772.101 954.871 875.502 016.84
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBAAA

Variable visualization

ROA:57.0%
Rating: 98/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:57.0%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

Companies in the same industry

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