MICHANCA HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 31326982
Vinthervej 29, 8732 Hovedgård

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 -10.6 kDKK in 2023. The operating profit was -10.6 kDKK, while net earnings were 926.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 31.5 %, which can be considered excellent and Return on Equity (ROE) was 31.4 %, 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 293.4 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-6.97-6.96-7.09-6.56-10.57
EBIT-6.97-6.96-7.09-6.56-10.57
Net earnings1 061.23423.74527.42926.41926.72
Shareholders equity total1 714.741 828.482 142.902 704.313 206.03
Balance sheet total (assets)1 718.831 832.572 146.992 708.403 212.11
Net debt- 372.33-1 125.89-1 213.27-1 410.05-1 784.63
Profitability
EBIT-%
ROA77.1 %24.6 %29.1 %38.2 %31.5 %
ROE77.6 %23.9 %26.6 %38.2 %31.4 %
ROI77.3 %24.7 %29.2 %38.3 %31.6 %
Economic value added (EVA)-15.74-45.31-11.7337.3852.39
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 ratio345.5362.9296.7344.8293.4
Current ratio345.5362.9296.7344.8293.4
Cash and cash equivalents372.421 125.991 213.361 410.141 784.72
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:31.5%
Rating: 84/100
-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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