Michael Bulinski ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Michael Bulinski ApS
Michael Bulinski ApS (CVR number: 37561223) is a company from KERTEMINDE. The company recorded a gross profit of -20 kDKK in 2024. The operating profit was -20.8 kDKK, while net earnings were -16.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -11.7 %, which can be considered poor and Return on Equity (ROE) was -24.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 40.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Michael Bulinski ApS's liquidity measured by quick ratio was 1.7 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -47.33 | -49.90 | -59.75 | -41.93 | -20.01 |
EBIT | 117.46 | -50.37 | -62.39 | -45.75 | -20.83 |
Net earnings | 91.82 | -40.03 | -49.09 | -35.75 | -16.27 |
Shareholders equity total | 200.52 | 160.48 | 111.39 | 75.64 | 59.37 |
Balance sheet total (assets) | 297.31 | 326.90 | 250.27 | 210.66 | 145.42 |
Net debt | -93.96 | -20.09 | 47.12 | 62.89 | -8.68 |
Profitability | |||||
EBIT-% | |||||
ROA | 35.8 % | -16.1 % | -21.6 % | -19.9 % | -11.7 % |
ROE | 59.4 % | -22.2 % | -36.1 % | -38.2 % | -24.1 % |
ROI | 52.6 % | -20.2 % | -30.5 % | -27.8 % | -20.0 % |
Economic value added (EVA) | 83.05 | -52.82 | -60.18 | -44.74 | -23.75 |
Solvency | |||||
Equity ratio | 67.4 % | 49.1 % | 44.5 % | 36.0 % | 40.8 % |
Gearing | 34.2 % | 42.7 % | 61.6 % | 97.2 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.1 | 1.5 | 1.3 | 1.3 | 1.7 |
Current ratio | 3.1 | 2.0 | 1.8 | 1.6 | 1.7 |
Cash and cash equivalents | 162.53 | 88.66 | 21.45 | 10.63 | 8.68 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | BB | BB | BB | BB |
Variable visualization
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