Mester Mikkelsen ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Mester Mikkelsen ApS
Mester Mikkelsen ApS (CVR number: 36936185) is a company from LEJRE. The company recorded a gross profit of 251.5 kDKK in 2023. The operating profit was -398.5 kDKK, while net earnings were -324.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -42.4 %, which can be considered poor and Return on Equity (ROE) was -54.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -1.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Mester Mikkelsen ApS's liquidity measured by quick ratio was 0.8 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 | 1 108.42 | 598.61 | 836.96 | 779.71 | 251.51 |
EBIT | 361.86 | - 109.92 | 116.22 | 34.27 | - 398.47 |
Net earnings | 252.49 | - 100.25 | 84.63 | 8.94 | - 324.51 |
Shareholders equity total | 320.70 | 220.45 | 305.08 | 314.01 | -10.83 |
Balance sheet total (assets) | 1 435.54 | 1 416.52 | 1 542.39 | 989.38 | 880.43 |
Net debt | 155.50 | - 199.25 | 154.00 | 38.07 | -36.31 |
Profitability | |||||
EBIT-% | |||||
ROA | 23.5 % | -7.7 % | 7.9 % | 2.7 % | -42.4 % |
ROE | 129.8 % | -37.1 % | 32.2 % | 2.9 % | -54.3 % |
ROI | 81.7 % | -26.8 % | 28.6 % | 7.7 % | -219.2 % |
Economic value added (EVA) | 272.32 | - 105.16 | 88.26 | 9.00 | - 327.28 |
Solvency | |||||
Equity ratio | 22.3 % | 15.6 % | 19.8 % | 31.7 % | -1.2 % |
Gearing | 48.5 % | 50.5 % | 12.1 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.0 | 1.0 | 1.1 | 1.0 | 0.8 |
Current ratio | 1.1 | 1.1 | 1.2 | 1.3 | 0.9 |
Cash and cash equivalents | 199.25 | 36.31 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BB | BBB | B |
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