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Michael Thrane Holding ApS — Credit Rating and Financial Key Figures

CVR number: 38387839
Solvangsvej 15, 4360 Kirke Eskilstrup
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Credit rating

Company information

Official name
Michael Thrane Holding ApS
Established
2017
Company form
Private limited company
Industry

About Michael Thrane Holding ApS

Michael Thrane Holding ApS (CVR number: 38387839) is a company from HOLBÆK. The company recorded a gross profit of -5 kDKK in 2024. The operating profit was -5 kDKK, while net earnings were -5.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.6 %, which can be considered poor and Return on Equity (ROE) was -1.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 71.4 %, 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 Thrane Holding ApS's liquidity measured by quick ratio was 1 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-3.50-3.75-4.50-4.75-5.00
EBIT-3.50-3.75-4.50-4.75-5.00
Net earnings-3.50-3.75-4.50395.80-5.72
Shareholders equity total35.0031.2526.75422.55416.83
Balance sheet total (assets)100.00100.00525.39594.93583.92
Net debt61.2565.00304.50168.0083.50
Profitability
EBIT-%
ROA-3.5 %-3.8 %-1.4 %70.8 %-0.6 %
ROE-9.5 %-11.3 %-15.5 %176.2 %-1.4 %
ROI-3.8 %-3.9 %-2.1 %86.1 %-0.6 %
Economic value added (EVA)-7.95-8.59-9.34-19.64-33.57
Solvency
Equity ratio35.0 %31.3 %5.1 %71.0 %71.4 %
Gearing175.0 %208.0 %1138.3 %39.8 %20.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.61.0
Current ratio0.10.61.0
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:-0.57%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:71.4%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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