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Michelle Krogh Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Michelle Krogh Holding ApS
Michelle Krogh Holding ApS (CVR number: 39787377) is a company from HEDENSTED. The company recorded a gross profit of -8.5 kDKK in 2025. The operating profit was -8.5 kDKK, while net earnings were 95.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 34.7 %, which can be considered excellent and Return on Equity (ROE) was 32.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 49.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Michelle Krogh 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 financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -6.28 | -6.30 | -6.92 | -7.25 | -8.49 |
| EBIT | -6.28 | -6.30 | -6.92 | -7.25 | -8.49 |
| Net earnings | 87.82 | 86.83 | 85.31 | 97.16 | 95.73 |
| Shareholders equity total | 186.34 | 215.97 | 242.38 | 278.54 | 306.78 |
| Balance sheet total (assets) | 496.86 | 469.51 | 446.26 | 526.95 | 622.69 |
| Net debt | 0.12 | -69.08 | 153.05 | 116.89 | 88.66 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 17.4 % | 20.2 % | 43.9 % | 41.3 % | 34.7 % |
| ROE | 51.5 % | 43.2 % | 37.2 % | 37.3 % | 32.7 % |
| ROI | 24.0 % | 31.9 % | 60.8 % | 41.8 % | 35.1 % |
| Economic value added (EVA) | -16.85 | -20.52 | -17.78 | -29.43 | -34.72 |
| Solvency | |||||
| Equity ratio | 37.5 % | 46.0 % | 54.3 % | 52.9 % | 49.3 % |
| Gearing | 51.8 % | 82.1 % | 87.4 % | 101.3 % | |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.5 | 0.3 | 0.2 | 0.5 | 0.7 |
| Current ratio | 0.5 | 0.3 | 0.2 | 0.5 | 0.7 |
| Cash and cash equivalents | 96.43 | 69.08 | 45.83 | 126.52 | 222.26 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | A | A | A |
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