MICHAEL HOLMQVIST ApS — Credit Rating and Financial Key Figures

CVR number: 20040998
Rosenborggade 3, 1130 København K

Company information

Official name
MICHAEL HOLMQVIST ApS
Established
1997
Company form
Private limited company
Industry

About MICHAEL HOLMQVIST ApS

MICHAEL HOLMQVIST ApS (CVR number: 20040998) is a company from KØBENHAVN. The company recorded a gross profit of -57 kDKK in 2024. The operating profit was -57 kDKK, while net earnings were 3195.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.4 %, which can be considered good and Return on Equity (ROE) was 9.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 99.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MICHAEL HOLMQVIST ApS's liquidity measured by quick ratio was 19.6 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-35.06-39.37-48.85-47.57-57.00
EBIT-35.06-39.37-48.85-47.57-57.00
Net earnings1 186.743 960.861 764.853 181.613 195.70
Shareholders equity total25 516.1829 364.0331 014.4834 078.2935 473.99
Balance sheet total (assets)25 759.5429 666.3231 034.4834 277.5935 683.33
Net debt-3 447.95-4 886.28-5 741.11-2 847.95-3 045.98
Profitability
EBIT-%
ROA5.6 %16.6 %11.2 %11.2 %10.4 %
ROE4.8 %14.4 %5.8 %9.8 %9.2 %
ROI5.6 %16.7 %11.3 %11.3 %10.4 %
Economic value added (EVA)- 889.75- 905.61- 891.82- 780.72-1 105.32
Solvency
Equity ratio99.1 %99.0 %99.9 %99.4 %99.4 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio15.317.7334.319.619.6
Current ratio15.317.7334.319.619.6
Cash and cash equivalents3 447.954 886.285 741.112 847.953 045.98
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:10.4%
Rating: 58/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.4%
Rating: 91/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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