ARKITEKT MICHAEL KROGH HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 31499569
Langagervej 34, 6900 Skjern
mk@tekt.dk
tel: 40375192

Company information

Official name
ARKITEKT MICHAEL KROGH HOLDING ApS
Established
2008
Company form
Private limited company
Industry

About ARKITEKT MICHAEL KROGH HOLDING ApS

ARKITEKT MICHAEL KROGH HOLDING ApS (CVR number: 31499569) is a company from RINGKØBING-SKJERN. The company reported a net sales of -0.1 mDKK in 2023, demonstrating a growth of -42.2 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: -0.2 mDKK), while net earnings were -17.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.2 %, which can be considered poor and Return on Equity (ROE) was -1.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 25.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. ARKITEKT MICHAEL KROGH HOLDING ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales- 258.82- 149.60
Gross profit-5.97-5.98-13.55- 305.92- 163.92
EBIT-5.97-5.98-13.55- 305.92- 163.92
Net earnings-95.1979.59- 321.72- 371.14-17.50
Shareholders equity total3 077.252 656.852 278.631 807.49261.98
Balance sheet total (assets)3 098.042 717.792 336.151 875.261 034.50
Net debt-2 323.10-2 458.34-2 132.59-1 799.50- 267.17
Profitability
EBIT-%
ROA-2.2 %6.0 %-4.7 %-14.2 %-1.2 %
ROE-2.8 %2.8 %-13.0 %-18.2 %-1.7 %
ROI-2.2 %6.1 %-4.7 %-14.3 %-1.2 %
Economic value added (EVA)-11.82-15.47-12.08- 309.42- 160.68
Solvency
Equity ratio99.3 %97.8 %97.5 %96.4 %25.3 %
Gearing0.0 %0.0 %2.3 %2.6 %290.8 %
Relative net indebtedness %687.0 %171.4 %
Liquidity
Quick ratio122.851.240.227.31.3
Current ratio122.851.240.227.31.3
Cash and cash equivalents2 323.282 458.522 185.121 845.771 028.88
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-408.1 %259.7 %
Credit risk
Credit ratingAAABBBBB

Variable visualization

ROA:-1.19%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:25.3%
Rating: 23/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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