MICHAEL KJÆR HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 26801966
Nordvangen 50, 7173 Vonge
tel: 75803441

Company information

Official name
MICHAEL KJÆR HOLDING ApS
Established
2002
Company form
Private limited company
Industry

About MICHAEL KJÆR HOLDING ApS

MICHAEL KJÆR HOLDING ApS (CVR number: 26801966) is a company from VEJLE. The company recorded a gross profit of -13.2 kDKK in 2024. The operating profit was -13.2 kDKK, while net earnings were 1408.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.3 %, which can be considered good and Return on Equity (ROE) was 9.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 98.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MICHAEL KJÆR HOLDING ApS's liquidity measured by quick ratio was 67.5 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-12.71-13.01-15.24-12.74-13.17
EBIT-12.71-13.01-15.24-12.74-13.17
Net earnings451.581 151.23-1 483.072 076.771 408.08
Shareholders equity total14 081.5415 119.7713 022.3014 481.2715 267.34
Balance sheet total (assets)14 084.6415 135.0913 025.4014 484.3715 486.52
Net debt-12 269.11-13 598.39-11 595.82-12 673.49-14 224.09
Profitability
EBIT-%
ROA3.6 %9.6 %3.2 %14.2 %11.3 %
ROE3.2 %7.9 %-10.5 %15.1 %9.5 %
ROI3.6 %9.6 %3.2 %14.2 %11.4 %
Economic value added (EVA)-62.60-75.55-87.92- 110.87- 120.22
Solvency
Equity ratio100.0 %99.9 %100.0 %100.0 %98.6 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio4 158.4924.53 983.34 430.767.5
Current ratio4 158.4924.53 983.34 430.767.5
Cash and cash equivalents12 269.1113 598.3911 595.8212 673.4914 224.09
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:11.3%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.6%
Rating: 80/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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