GÅRDE-MICHELSEN HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About GÅRDE-MICHELSEN HOLDING ApS
GÅRDE-MICHELSEN HOLDING ApS (CVR number: 32946097) is a company from AARHUS. The company recorded a gross profit of -8 kDKK in 2023. The operating profit was -8 kDKK, while net earnings were 26.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.7 %, which can be considered decent and Return on Equity (ROE) was 7.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 99.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. GÅRDE-MICHELSEN HOLDING ApS's liquidity measured by quick ratio was 165.9 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -5.73 | -5.36 | -26.37 | -7.65 | -8.00 |
EBIT | -5.73 | -5.36 | -26.37 | -7.65 | -8.00 |
Net earnings | 107.04 | 105.62 | 13.91 | 14.80 | 26.83 |
Shareholders equity total | 398.62 | 504.24 | 405.15 | 359.95 | 386.78 |
Balance sheet total (assets) | 437.62 | 547.40 | 415.15 | 359.97 | 387.40 |
Net debt | -63.07 | - 150.34 | - 149.67 | -81.90 | -73.94 |
Profitability | |||||
EBIT-% | |||||
ROA | 24.1 % | 21.2 % | 1.8 % | 3.4 % | 6.7 % |
ROE | 26.8 % | 23.4 % | 3.1 % | 3.9 % | 7.2 % |
ROI | 24.2 % | 21.3 % | 1.8 % | 3.4 % | 6.7 % |
Economic value added (EVA) | 1.45 | 3.42 | -12.23 | 0.29 | 0.45 |
Solvency | |||||
Equity ratio | 91.1 % | 92.1 % | 97.6 % | 100.0 % | 99.8 % |
Gearing | 9.8 % | 7.7 % | 2.5 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.0 | 4.9 | 18.4 | 4 690.2 | 165.9 |
Current ratio | 3.0 | 4.9 | 18.4 | 4 690.2 | 165.9 |
Cash and cash equivalents | 102.07 | 189.34 | 159.67 | 81.90 | 73.94 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BB | BB | BB |
Variable visualization
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