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 -14.6 kDKK in 2024. The operating profit was -14.6 kDKK, while net earnings were -47.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.3 %, which can be considered poor and Return on Equity (ROE) was -9.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 63.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. MICHENERGY HOLDING ApS's liquidity measured by quick ratio was 2.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -4.50 | 1.50 | -3.75 | -1.25 | -14.55 |
EBIT | -12.10 | 1.50 | -3.75 | -1.25 | -14.55 |
Net earnings | -12.17 | 1.44 | -3.75 | 106.47 | -47.48 |
Shareholders equity total | - 104.68 | - 103.24 | - 106.99 | -0.52 | 702.00 |
Balance sheet total (assets) | 79.50 | 56.45 | 176.09 | 307.09 | 1 099.70 |
Net debt | 150.23 | 148.79 | 277.54 | 302.30 | 341.37 |
Profitability | |||||
EBIT-% | |||||
ROA | -4.4 % | 0.9 % | -1.7 % | 44.2 % | -3.3 % |
ROE | -6.8 % | 2.1 % | -3.2 % | 44.1 % | -9.4 % |
ROI | -4.4 % | 0.9 % | -1.7 % | 44.9 % | -3.3 % |
Economic value added (EVA) | -25.85 | -2.27 | -6.36 | -9.87 | -29.73 |
Solvency | |||||
Equity ratio | -56.8 % | -64.7 % | -37.8 % | -0.2 % | 63.8 % |
Gearing | -171.6 % | -150.3 % | -260.4 % | -57971.5 % | 55.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.4 | 0.4 | 0.6 | 0.6 | 2.5 |
Current ratio | 0.4 | 0.4 | 0.6 | 0.6 | 2.5 |
Cash and cash equivalents | 29.45 | 6.40 | 1.05 | 0.31 | 51.34 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BBB |
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