MICHAEL LEMMING HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 29443688
Islevdalvej 100, 2610 Rødovre

Company information

Official name
MICHAEL LEMMING HOLDING ApS
Established
2006
Company form
Private limited company
Industry

About MICHAEL LEMMING HOLDING ApS

MICHAEL LEMMING HOLDING ApS (CVR number: 29443688) is a company from RØDOVRE. The company recorded a gross profit of -6.2 kDKK in 2023. The operating profit was -6.2 kDKK, while net earnings were 165.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.8 %, which can be considered weak and Return on Equity (ROE) was 1.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 98.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MICHAEL LEMMING HOLDING ApS's liquidity measured by quick ratio was 48 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-7.00-8.50-7.44-6.25-6.25
EBIT-7.00-8.50-7.44-6.25-6.25
Net earnings787.001 295.421 142.64287.70165.77
Shareholders equity total7 911.009 151.3110 237.4510 120.1510 085.92
Balance sheet total (assets)8 122.009 327.9311 013.3710 268.9810 267.95
Net debt-2 900.00-3 382.42-4 474.31-3 384.05-3 988.28
Profitability
EBIT-%
ROA10.5 %15.1 %11.5 %3.1 %1.8 %
ROE10.4 %15.2 %11.8 %2.8 %1.6 %
ROI10.6 %15.1 %11.8 %3.2 %1.8 %
Economic value added (EVA)-51.433.3350.7044.2121.35
Solvency
Equity ratio97.4 %98.1 %93.0 %98.6 %98.2 %
Gearing2.6 %1.9 %2.0 %1.0 %0.9 %
Relative net indebtedness %
Liquidity
Quick ratio18.223.611.745.648.0
Current ratio18.223.611.745.648.0
Cash and cash equivalents3 106.003 552.794 680.983 485.474 080.72
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAAAAA

Variable visualization

ROA:1.76%
Rating: 29/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.2%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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