J C MIKKELSEN ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About J C MIKKELSEN ApS
J C MIKKELSEN ApS (CVR number: 86751615) is a company from GREVE. The company reported a net sales of 5.5 mDKK in 2023, demonstrating a growth of 731 % compared to the previous year. The operating profit percentage was poor at -87.6 % (EBIT: -4.8 mDKK), while net earnings were 8092.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.9 %, which can be considered excellent and Return on Equity (ROE) was 15.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 98.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. J C MIKKELSEN ApS's liquidity measured by quick ratio was 79.5 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 636.38 | 640.81 | 614.80 | 663.13 | 5 510.74 |
Gross profit | 380.27 | 247.89 | 300.32 | 439.74 | -5 454.24 |
EBIT | 210.91 | 80.47 | 134.57 | 278.47 | -4 826.17 |
Net earnings | - 304.75 | 5 138.34 | 10 244.51 | -2 402.44 | 8 092.29 |
Shareholders equity total | 36 132.01 | 41 270.35 | 51 514.86 | 49 112.41 | 57 204.70 |
Balance sheet total (assets) | 36 321.15 | 42 803.57 | 54 488.33 | 49 615.88 | 57 909.93 |
Net debt | -31 579.81 | -38 282.05 | -50 521.54 | -44 553.02 | -55 996.53 |
Profitability | |||||
EBIT-% | 33.1 % | 12.6 % | 21.9 % | 42.0 % | -87.6 % |
ROA | 3.9 % | 16.7 % | 28.0 % | 9.0 % | 18.9 % |
ROE | -0.8 % | 13.3 % | 22.1 % | -4.8 % | 15.2 % |
ROI | 3.9 % | 17.1 % | 29.3 % | 9.3 % | 19.0 % |
Economic value added (EVA) | -9.23 | - 166.34 | -45.67 | 172.10 | -4 070.91 |
Solvency | |||||
Equity ratio | 99.5 % | 96.4 % | 94.5 % | 99.0 % | 98.8 % |
Gearing | 0.6 % | 0.1 % | |||
Relative net indebtedness % | -4932.7 % | -5734.8 % | -7733.9 % | -6688.4 % | -1004.2 % |
Liquidity | |||||
Quick ratio | 169.6 | 25.2 | 17.0 | 90.9 | 79.5 |
Current ratio | 169.6 | 25.2 | 17.0 | 90.9 | 79.5 |
Cash and cash equivalents | 31 579.81 | 38 282.05 | 50 521.54 | 44 856.02 | 56 043.93 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 80.0 % | -173.4 % | -461.3 % | 65.0 % | -12.4 % |
Credit risk | |||||
Credit rating | A | A | A | A | A |
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