M. MIKKELSEN HOLDING & INVEST ApS — Credit Rating and Financial Key Figures

CVR number: 41350385
Krathave 7, 7100 Vejle

Credit rating

Company information

Official name
M. MIKKELSEN HOLDING & INVEST ApS
Established
2020
Company form
Private limited company
Industry

About M. MIKKELSEN HOLDING & INVEST ApS

M. MIKKELSEN HOLDING & INVEST ApS (CVR number: 41350385) is a company from VEJLE. The company recorded a gross profit of -7 kDKK in 2023. The operating profit was -7 kDKK, while net earnings were 25.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.9 %, which can be considered decent but Return on Equity (ROE) was 11.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 18.5 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. M. MIKKELSEN HOLDING & INVEST ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
Volume
Net sales
Gross profit-0.06-4.00-7.00
EBIT-0.06-4.00-7.00
Net earnings157.51-10.3250.9925.85
Shareholders equity total197.51160.19211.19237.04
Balance sheet total (assets)197.51160.391 760.791 280.69
Net debt0.0752.651 026.52
Profitability
EBIT-%
ROA79.7 %-5.8 %9.6 %6.9 %
ROE79.7 %-5.8 %27.5 %11.5 %
ROI79.7 %-5.8 %9.6 %6.9 %
Economic value added (EVA)-5.09-6.7866.62
Solvency
Equity ratio100.0 %99.9 %12.0 %18.5 %
Gearing0.1 %733.8 %440.3 %
Relative net indebtedness %
Liquidity
Quick ratio365.61.00.1
Current ratio365.61.00.1
Cash and cash equivalents0.131 496.9517.07
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:6.86%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:18.5%
Rating: 18/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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