ARKITEKT MICHAEL KROGH HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 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 | -95.19 | 79.59 | - 321.72 | - 371.14 | -17.50 |
Shareholders equity total | 3 077.25 | 2 656.85 | 2 278.63 | 1 807.49 | 261.98 |
Balance sheet total (assets) | 3 098.04 | 2 717.79 | 2 336.15 | 1 875.26 | 1 034.50 |
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 ratio | 99.3 % | 97.8 % | 97.5 % | 96.4 % | 25.3 % |
Gearing | 0.0 % | 0.0 % | 2.3 % | 2.6 % | 290.8 % |
Relative net indebtedness % | 687.0 % | 171.4 % | |||
Liquidity | |||||
Quick ratio | 122.8 | 51.2 | 40.2 | 27.3 | 1.3 |
Current ratio | 122.8 | 51.2 | 40.2 | 27.3 | 1.3 |
Cash and cash equivalents | 2 323.28 | 2 458.52 | 2 185.12 | 1 845.77 | 1 028.88 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -408.1 % | 259.7 % | |||
Credit risk | |||||
Credit rating | A | A | A | BBB | BB |
Variable visualization
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