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MICHANCA HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 31326982
Vinthervej 29, 8732 Hovedgård
Free credit report Annual report

Credit rating

Company information

Official name
MICHANCA HOLDING ApS
Established
2008
Company form
Private limited company
Industry

About MICHANCA HOLDING ApS

MICHANCA HOLDING ApS (CVR number: 31326982) is a company from HORSENS. The company recorded a gross profit of -10.2 kDKK in 2024. The operating profit was -10.2 kDKK, while net earnings were 525 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.8 %, which can be considered excellent and Return on Equity (ROE) was 16.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MICHANCA HOLDING ApS's liquidity measured by quick ratio was 306.7 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-6.96-7.09-6.56-10.57-10.19
EBIT-6.96-7.09-6.56-10.57-10.19
Net earnings423.74527.42926.41926.72525.00
Shareholders equity total1 828.482 142.902 704.313 206.033 109.02
Balance sheet total (assets)1 832.572 146.992 708.403 212.113 115.11
Net debt-1 125.89-1 213.27-1 410.05-1 784.63-1 863.02
Profitability
EBIT-%
ROA24.6 %29.1 %38.2 %31.5 %16.8 %
ROE23.9 %26.6 %38.2 %31.4 %16.6 %
ROI24.7 %29.2 %38.3 %31.6 %16.8 %
Economic value added (EVA)-91.60- 100.16- 114.25- 145.79- 171.30
Solvency
Equity ratio99.8 %99.8 %99.8 %99.8 %99.8 %
Gearing0.0 %0.0 %0.0 %0.0 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio362.9296.7344.8293.4306.7
Current ratio362.9296.7344.8293.4306.7
Cash and cash equivalents1 125.991 213.361 410.141 784.721 863.11
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBABBB

Variable visualization

ROA:16.8%
Rating: 69/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.8%
Rating: 97/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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