Frank Mikkelsen Holding 2 ApS — Credit Rating and Financial Key Figures

CVR number: 37116815
Sct. Leonis Gade 14, 8800 Viborg
Frank.mikkelsen1967@gmail.com
tel: 53833795
Free credit report Annual report

Company information

Official name
Frank Mikkelsen Holding 2 ApS
Established
2015
Company form
Private limited company
Industry

About Frank Mikkelsen Holding 2 ApS

Frank Mikkelsen Holding 2 ApS (CVR number: 37116815) is a company from VIBORG. The company reported a net sales of -0.4 mDKK in 2024, demonstrating a growth of -82.5 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: -0.4 mDKK), while net earnings were -383 kDKK. The profitability of the company measured by Return on Assets (ROA) was -32 %, which can be considered poor and Return on Equity (ROE) was -34.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 90.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Frank Mikkelsen Holding 2 ApS's liquidity measured by quick ratio was 3.4 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales- 329.364 271.12-2 463.50-2 102.54- 368.64
Gross profit- 338.024 256.97-2 483.69-2 109.19- 384.85
EBIT- 338.024 256.97-2 463.20-2 109.19- 384.85
Net earnings- 334.384 257.35-2 460.99-2 108.58- 383.05
Shareholders equity total1 852.005 859.353 398.361 289.77906.72
Balance sheet total (assets)1 909.815 980.613 511.741 367.621 005.84
Net debt- 147.53- 117.4426.78-0.887.67
Profitability
EBIT-%99.7 %
ROA-16.1 %108.0 %-51.7 %-86.3 %-32.0 %
ROE-16.6 %110.4 %-53.2 %-90.0 %-34.9 %
ROI-16.3 %109.8 %-52.6 %-89.0 %-34.4 %
Economic value added (EVA)- 450.144 163.47-2 759.81-2 281.97- 449.76
Solvency
Equity ratio97.0 %98.0 %96.8 %94.3 %90.1 %
Gearing0.5 %0.7 %1.2 %0.1 %1.4 %
Relative net indebtedness %29.9 %-0.9 %-4.1 %-3.6 %-25.6 %
Liquidity
Quick ratio6.51.41.51.63.4
Current ratio6.51.41.51.63.4
Cash and cash equivalents156.18160.7013.402.804.64
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-96.5 %1.3 %-2.3 %-2.4 %-64.0 %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:-32.0%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:90.1%
Rating: 70/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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