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MIKKEL QUAADE HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 25706269
Teisensvej 31, 5000 Odense C
Free credit report Annual report

Company information

Official name
MIKKEL QUAADE HOLDING ApS
Established
2013
Company form
Private limited company
Industry

About MIKKEL QUAADE HOLDING ApS

MIKKEL QUAADE HOLDING ApS (CVR number: 25706269) is a company from ODENSE. The company reported a net sales of 0.6 mDKK in 2025, demonstrating a growth of 6.9 % compared to the previous year. The operating profit percentage was at 96.5 % (EBIT: 0.6 mDKK), while net earnings were 549.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 44.1 %, which can be considered excellent and Return on Equity (ROE) was 44.2 %, which can be considered excellent. 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. MIKKEL QUAADE HOLDING ApS's liquidity measured by quick ratio was 1.5 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
2021
2022
2023
2024
2025
Volume
Net sales435.34427.83354.10544.15581.44
Gross profit421.59413.46339.35524.24561.24
EBIT421.59413.46339.35524.24561.24
Net earnings407.09401.43327.83513.43549.27
Shareholders equity total939.621 226.641 104.471 217.901 267.17
Balance sheet total (assets)1 028.691 249.771 136.701 258.661 290.09
Net debt-24.84- 172.03-83.34-40.06-34.56
Profitability
EBIT-%96.8 %96.6 %95.8 %96.3 %96.5 %
ROA41.8 %36.4 %28.6 %44.0 %44.1 %
ROE47.3 %37.1 %28.1 %44.2 %44.2 %
ROI43.7 %37.8 %29.3 %45.4 %45.2 %
Economic value added (EVA)360.47352.58265.10456.61487.87
Solvency
Equity ratio91.3 %98.1 %97.2 %96.8 %98.2 %
Gearing2.6 %
Relative net indebtedness %9.0 %-34.8 %-14.4 %0.1 %-2.0 %
Liquidity
Quick ratio0.69.64.22.31.5
Current ratio0.69.64.22.31.5
Cash and cash equivalents49.68172.0383.3440.0634.56
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-9.0 %46.7 %29.2 %9.9 %2.0 %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:44.1%
Rating: 91/100
-20%
0%
4%
11%
24%
60%
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Equity ratio:98.2%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
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