MICHAEL LEETMAA HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 33595794
Segelckesvej 7, 5000 Odense C

Company information

Official name
MICHAEL LEETMAA HOLDING ApS
Established
2011
Company form
Private limited company
Industry

About MICHAEL LEETMAA HOLDING ApS

MICHAEL LEETMAA HOLDING ApS (CVR number: 33595794) is a company from ODENSE. The company recorded a gross profit of -26.8 kDKK in 2023. The operating profit was -26.8 kDKK, while net earnings were 355.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.4 %, which can be considered good and Return on Equity (ROE) was 13 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 97.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MICHAEL LEETMAA HOLDING ApS's liquidity measured by quick ratio was 14.4 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-7.72-18.02-14.22-19.41-26.78
EBIT-7.72-18.02-14.22-19.41-26.78
Net earnings412.23316.81529.73257.52355.49
Shareholders equity total2 285.582 402.392 682.132 689.652 795.14
Balance sheet total (assets)2 306.162 479.102 758.742 727.552 854.51
Net debt- 509.22- 657.40- 704.14- 666.05- 761.25
Profitability
EBIT-%
ROA18.4 %13.5 %20.4 %12.7 %12.4 %
ROE18.7 %13.5 %20.8 %9.6 %13.0 %
ROI18.6 %13.6 %20.6 %12.9 %12.6 %
Economic value added (EVA)7.9619.8522.6441.5728.70
Solvency
Equity ratio99.1 %96.9 %97.2 %98.6 %97.9 %
Gearing2.0 %1.8 %0.3 %
Relative net indebtedness %
Liquidity
Quick ratio26.39.910.619.214.4
Current ratio26.39.910.619.214.4
Cash and cash equivalents509.22706.24751.78673.81761.25
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:12.4%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.9%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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