MIKKEL VILSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 31473500
Bistrupvej 33 B, 9800 Hjørring
Mv@mikkelvilsen.dk
tel: 23803060

Company information

Official name
MIKKEL VILSEN HOLDING ApS
Established
2008
Company form
Private limited company
Industry

About MIKKEL VILSEN HOLDING ApS

MIKKEL VILSEN HOLDING ApS (CVR number: 31473500) is a company from HJØRRING. The company recorded a gross profit of 127.5 kDKK in 2023. The operating profit was 94.5 kDKK, while net earnings were 664.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24.5 %, which can be considered excellent and Return on Equity (ROE) was 27.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 86.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MIKKEL VILSEN HOLDING ApS's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales113.70
Gross profit66.49152.00176.00180.00127.48
EBIT46.58124.00148.00152.0094.51
Net earnings27.6991.0097.00552.00664.31
Shareholders equity total1 492.981 584.001 681.002 118.002 664.34
Balance sheet total (assets)2 566.672 348.002 587.002 599.003 087.20
Net debt- 223.59678.00549.00296.0057.63
Profitability
EBIT-%41.0 %
ROA1.6 %4.8 %6.0 %23.3 %24.5 %
ROE1.9 %5.9 %5.9 %29.1 %27.8 %
ROI2.4 %6.2 %6.6 %25.3 %26.2 %
Economic value added (EVA)-12.1032.6617.7128.58-34.94
Solvency
Equity ratio58.2 %67.5 %65.0 %81.5 %86.3 %
Gearing43.2 %35.1 %17.7 %5.9 %
Relative net indebtedness %747.7 %
Liquidity
Quick ratio0.20.00.30.60.8
Current ratio0.20.00.30.60.8
Cash and cash equivalents223.596.0041.0079.00100.03
Capital use efficiency
Trade debtors turnover (days)13.0
Net working capital %-731.9 %
Credit risk
Credit ratingABBBBBBAA

Variable visualization

ROA:24.5%
Rating: 80/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:86.3%
Rating: 66/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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