MICHAEL H. JØRGENSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 28996292
Labæk 13, 4300 Holbæk

Company information

Official name
MICHAEL H. JØRGENSEN HOLDING ApS
Established
2005
Company form
Private limited company
Industry

About MICHAEL H. JØRGENSEN HOLDING ApS

MICHAEL H. JØRGENSEN HOLDING ApS (CVR number: 28996292) is a company from HOLBÆK. The company recorded a gross profit of -19 kDKK in 2023. The operating profit was -19 kDKK, while net earnings were 2305.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.4 %, which can be considered good and Return on Equity (ROE) was 10.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 86.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MICHAEL H. JØRGENSEN HOLDING ApS's liquidity measured by quick ratio was 0.6 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-17.50-34.45-21.74-19.01
EBIT-17.50-25.00-34.45-21.74-19.01
Net earnings2 665.584 120.121 727.45-3 585.382 305.44
Shareholders equity total13 026.6417 266.9122 864.4220 495.1723 896.44
Balance sheet total (assets)13 401.1822 783.2028 479.6023 811.2227 569.13
Net debt- 353.204 398.634 231.751 921.662 305.30
Profitability
EBIT-%
ROA22.3 %23.1 %8.0 %-13.2 %9.4 %
ROE22.5 %27.2 %8.6 %-16.5 %10.4 %
ROI22.3 %23.1 %8.0 %-13.3 %9.5 %
Economic value added (EVA)- 549.28- 692.46-1 171.06-1 445.39-1 210.07
Solvency
Equity ratio97.2 %75.8 %80.3 %86.1 %86.7 %
Gearing2.8 %31.9 %24.3 %16.1 %14.8 %
Relative net indebtedness %
Liquidity
Quick ratio7.21.42.10.60.6
Current ratio7.21.42.10.60.6
Cash and cash equivalents717.731 102.661 330.271 369.391 232.53
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBA

Variable visualization

ROA:9.45%
Rating: 56/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:86.7%
Rating: 66/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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