Michael LP Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Michael LP Holding ApS
Michael LP Holding ApS (CVR number: 40963081) is a company from HADERSLEV. The company recorded a gross profit of 0 kDKK in 2024. The operating profit was -2.5 kDKK, while net earnings were -2.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.9 %, which can be considered poor and Return on Equity (ROE) was -2.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 68.2 %, 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. Michael LP Holding ApS's liquidity measured by quick ratio was 3 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 | 2.50 | ||||
EBIT | 2.50 | -3.00 | -3.50 | -3.50 | -2.53 |
Net earnings | 211.14 | -3.59 | -4.52 | -3.50 | -2.53 |
Shareholders equity total | 220.21 | 160.11 | 98.40 | 94.90 | 92.37 |
Balance sheet total (assets) | 234.01 | 193.71 | 135.50 | 135.50 | 135.50 |
Net debt | 13.79 | - 146.31 | -84.60 | -81.10 | -78.57 |
Profitability | |||||
EBIT-% | |||||
ROA | 161.4 % | -1.4 % | -2.1 % | -2.6 % | -1.9 % |
ROE | 184.2 % | -1.9 % | -3.5 % | -3.6 % | -2.7 % |
ROI | 163.6 % | -1.4 % | -2.1 % | -2.6 % | -1.9 % |
Economic value added (EVA) | 1.29 | -14.76 | -13.08 | -10.16 | -9.19 |
Solvency | |||||
Equity ratio | 94.1 % | 82.7 % | 72.6 % | 70.0 % | 68.2 % |
Gearing | 6.3 % | 19.1 % | 34.7 % | 39.6 % | 43.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 17.0 | 5.8 | 3.5 | 3.2 | 3.0 |
Current ratio | 17.0 | 5.8 | 3.5 | 3.2 | 3.0 |
Cash and cash equivalents | 0.01 | 176.91 | 118.70 | 118.70 | 118.70 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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