MIKKEL ULSTRUP INVEST ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MIKKEL ULSTRUP INVEST ApS
MIKKEL ULSTRUP INVEST ApS (CVR number: 36039183) is a company from RUDERSDAL. The company recorded a gross profit of -20.2 kDKK in 2023, demonstrating a decline of 0 % compared to the previous year. The operating profit was -19.9 kDKK, while net earnings were -2494.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.3 %, which can be considered poor and Return on Equity (ROE) was -8.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 94.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MIKKEL ULSTRUP INVEST ApS's liquidity measured by quick ratio was 2 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 275.00 | 230.58 | 292.00 | 249.00 | |
Gross profit | 221.35 | 165.59 | 250.65 | 175.44 | -20.21 |
EBIT | -38.68 | -35.76 | -67.93 | -85.88 | -19.95 |
Net earnings | 1 900.74 | 9 964.33 | 4 511.86 | -8 290.67 | -2 494.81 |
Shareholders equity total | 23 723.74 | 33 582.27 | 37 981.12 | 29 576.05 | 26 963.45 |
Balance sheet total (assets) | 25 100.78 | 35 104.14 | 39 494.26 | 31 017.81 | 28 425.12 |
Net debt | - 301.08 | - 348.49 | - 366.25 | - 169.55 | - 128.38 |
Profitability | |||||
EBIT-% | -14.1 % | -15.5 % | -23.3 % | -34.5 % | |
ROA | 7.9 % | 33.1 % | 12.2 % | -23.4 % | -8.3 % |
ROE | 8.3 % | 34.8 % | 12.6 % | -24.5 % | -8.8 % |
ROI | 8.0 % | 33.4 % | 12.3 % | -23.6 % | -8.4 % |
Economic value added (EVA) | -1 075.82 | 77.61 | 49.81 | 41.16 | 80.54 |
Solvency | |||||
Equity ratio | 94.5 % | 95.7 % | 96.2 % | 95.4 % | 94.9 % |
Gearing | |||||
Relative net indebtedness % | 391.3 % | 508.9 % | 392.8 % | 510.9 % | |
Liquidity | |||||
Quick ratio | 1.9 | 1.3 | 1.5 | 1.6 | 2.0 |
Current ratio | 1.9 | 1.3 | 1.5 | 1.6 | 2.0 |
Cash and cash equivalents | 301.08 | 348.49 | 366.25 | 169.55 | 128.38 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 14.1 | 44.5 | 50.0 | ||
Net working capital % | 55.9 % | 46.8 % | -14.5 % | 25.3 % | |
Credit risk | |||||
Credit rating | A | A | AA | BBB | A |
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