MICHEL GOLDIN HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MICHEL GOLDIN HOLDING ApS
MICHEL GOLDIN HOLDING ApS (CVR number: 27410839) is a company from HØRSHOLM. The company recorded a gross profit of -44.8 kDKK in 2023. The operating profit was -44.8 kDKK, while net earnings were -697 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.8 %, which can be considered weak but Return on Equity (ROE) was -3.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 63.7 %, 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. MICHEL GOLDIN HOLDING ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -69.00 | -44.00 | -62.00 | - 200.00 | -44.83 |
EBIT | -69.00 | -44.00 | -62.00 | - 200.00 | -44.83 |
Net earnings | 28.00 | 1 893.00 | 3 185.00 | -1 216.00 | - 696.95 |
Shareholders equity total | 21 302.00 | 21 695.00 | 23 630.00 | 21 414.00 | 19 717.57 |
Balance sheet total (assets) | 30 609.00 | 32 371.00 | 25 466.00 | 30 327.00 | 30 944.25 |
Net debt | 7 094.00 | 8 979.00 | 427.00 | 8 471.00 | 9 932.03 |
Profitability | |||||
EBIT-% | |||||
ROA | 0.8 % | 7.4 % | 13.6 % | -3.7 % | 2.8 % |
ROE | 0.1 % | 8.8 % | 14.1 % | -5.4 % | -3.4 % |
ROI | 0.8 % | 7.4 % | 13.6 % | -3.7 % | -2.2 % |
Economic value added (EVA) | 24.92 | 232.97 | 282.92 | - 253.32 | -45.89 |
Solvency | |||||
Equity ratio | 69.6 % | 67.0 % | 92.8 % | 70.6 % | 63.7 % |
Gearing | 40.9 % | 45.7 % | 7.4 % | 41.6 % | 56.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.5 | 0.4 | 2.1 | 0.8 | 0.7 |
Current ratio | 0.5 | 0.4 | 2.1 | 0.8 | 0.7 |
Cash and cash equivalents | 1 626.00 | 937.00 | 1 323.00 | 427.00 | 1 137.29 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | AA | AA | A | A |
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