TORBEN MIKKELSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 32450377
Hans Thomsens Vej 93, 7184 Vandel

Company information

Official name
TORBEN MIKKELSEN HOLDING ApS
Established
2009
Company form
Private limited company
Industry

About TORBEN MIKKELSEN HOLDING ApS

TORBEN MIKKELSEN HOLDING ApS (CVR number: 32450377) is a company from VEJLE. The company recorded a gross profit of 42 kDKK in 2024. The operating profit was 17.4 kDKK, while net earnings were 942.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15 %, which can be considered good but Return on Equity (ROE) was 15.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 95.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TORBEN MIKKELSEN HOLDING ApS's liquidity measured by quick ratio was 12.1 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 profit26.4513.5754.2651.8841.97
EBIT4.87-9.1530.1227.2817.37
Net earnings982.191 015.671 350.601 392.03942.54
Shareholders equity total2 032.722 991.884 285.185 618.316 499.85
Balance sheet total (assets)3 414.824 107.604 992.065 954.756 775.33
Net debt1 212.83868.04- 432.61-1 127.64-1 176.54
Profitability
EBIT-%
ROA29.4 %27.7 %30.2 %25.9 %15.0 %
ROE62.6 %40.4 %37.1 %28.1 %15.6 %
ROI29.5 %27.9 %30.4 %26.1 %15.1 %
Economic value added (EVA)-4.26-38.86-47.14-54.05-82.74
Solvency
Equity ratio59.5 %72.8 %85.8 %94.4 %95.9 %
Gearing67.0 %36.2 %15.7 %5.3 %3.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.41.34.77.012.1
Current ratio0.41.34.77.012.1
Cash and cash equivalents148.62216.281 104.061 426.061 401.15
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:15.0%
Rating: 66/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.9%
Rating: 77/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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