MIKKELSEN ELECTRONICS A/S

CVR number: 15603712
Havremarken 3-5, 3520 Farum

Credit rating

Company information

Official name
MIKKELSEN ELECTRONICS A/S
Personnel
49 persons
Established
1946
Company form
Limited company
Industry
  • Expand more icon27Manufacture of electrical equipment

About MIKKELSEN ELECTRONICS A/S

MIKKELSEN ELECTRONICS A/S (CVR number: 15603712) is a company from FURESØ. The company recorded a gross profit of 12.4 mDKK in 2022. The operating profit was -21.2 mDKK, while net earnings were -21.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was -51.8 %, which can be considered poor and Return on Equity (ROE) was -163.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 5.9 %, 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. MIKKELSEN ELECTRONICS A/S's liquidity measured by quick ratio was 0.5 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
20182019202020212022
Volume
Net sales
Gross profit29 686.5833 719.3337 091.4736 882.4012 351.62
EBIT1 743.481 702.113 914.95982.82-21 179.38
Net earnings2 079.332 106.913 523.60966.51-21 581.60
Shareholders equity total18 541.7320 674.0024 231.9624 338.092 012.45
Balance sheet total (assets)44 688.5050 642.2054 394.8350 676.7433 952.60
Net debt13 217.6915 634.1812 223.8412 814.3719 458.85
Profitability
EBIT-%
ROA7.2 %5.8 %9.1 %0.7 %-51.8 %
ROE12.0 %10.7 %15.7 %4.0 %-163.8 %
ROI9.8 %7.9 %12.6 %0.9 %-63.1 %
Economic value added (EVA)843.17617.882 000.66- 235.51-21 260.52
Solvency
Equity ratio41.5 %40.8 %44.5 %48.0 %5.9 %
Gearing72.5 %75.8 %52.8 %55.2 %971.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.91.11.11.20.5
Current ratio1.61.71.62.00.9
Cash and cash equivalents216.0132.43565.86619.0188.74
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABB

Variable visualization

ROA:-51.8%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:5.93%
Rating: 6/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

Build time: 2024-10-21T13:51:17.428Z

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