MICHENERGY HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MICHENERGY HOLDING ApS
MICHENERGY HOLDING ApS (CVR number: 36453133) is a company from ESBJERG. The company recorded a gross profit of -1.2 kDKK in 2023. The operating profit was -1.2 kDKK, while net earnings were 106.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 44.2 %, which can be considered excellent and Return on Equity (ROE) was 44.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -0.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. MICHENERGY HOLDING ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 200.00 | -4.50 | 1.50 | -3.75 | -1.25 |
EBIT | - 203.52 | -12.10 | 1.50 | -3.75 | -1.25 |
Net earnings | - 203.52 | -12.17 | 1.44 | -3.75 | 106.47 |
Shareholders equity total | -92.52 | - 104.68 | - 103.24 | - 106.99 | -0.52 |
Balance sheet total (assets) | 277.18 | 79.50 | 56.45 | 176.09 | 307.09 |
Net debt | 108.62 | 150.23 | 148.79 | 277.54 | 302.30 |
Profitability | |||||
EBIT-% | |||||
ROA | -49.3 % | -4.4 % | 0.9 % | -1.7 % | 44.2 % |
ROE | -104.9 % | -6.8 % | 2.1 % | -3.2 % | 44.1 % |
ROI | -49.8 % | -4.4 % | 0.9 % | -1.7 % | 44.9 % |
Economic value added (EVA) | - 186.22 | 6.48 | 8.24 | 1.76 | 4.18 |
Solvency | |||||
Equity ratio | -25.0 % | -56.8 % | -64.7 % | -37.8 % | -0.2 % |
Gearing | -395.8 % | -171.6 % | -150.3 % | -260.4 % | -57971.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.7 | 0.4 | 0.4 | 0.6 | 0.6 |
Current ratio | 0.7 | 0.4 | 0.4 | 0.6 | 0.6 |
Cash and cash equivalents | 257.58 | 29.45 | 6.40 | 1.05 | 0.31 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BBB |
Variable visualization
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