MIKAEL HOULIND HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 33969767
Houlindvej 30, Houe 7620 Lemvig

Company information

Official name
MIKAEL HOULIND HOLDING ApS
Established
2011
Domicile
Houe
Company form
Private limited company
Industry

About MIKAEL HOULIND HOLDING ApS

MIKAEL HOULIND HOLDING ApS (CVR number: 33969767) is a company from LEMVIG. The company recorded a gross profit of 334 kDKK in 2024. The operating profit was 264 kDKK, while net earnings were 2342.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.3 %, which can be considered decent but Return on Equity (ROE) was 3.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 67.7 %, 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. MIKAEL HOULIND HOLDING 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit234.5911.46409.50346.70333.99
EBIT1 755.64110.36- 290.50946.71263.99
Net earnings9 333.9918 101.287 102.994 964.312 342.45
Shareholders equity total44 920.3562 908.6469 897.2374 743.7476 964.20
Balance sheet total (assets)56 304.9774 362.1890 937.2788 915.21113 601.08
Net debt6 583.285 710.945 882.314 862.4312 175.46
Profitability
EBIT-%
ROA19.9 %29.0 %12.2 %7.8 %6.3 %
ROE23.2 %33.6 %10.7 %6.9 %3.1 %
ROI20.7 %30.3 %13.1 %8.3 %6.2 %
Economic value added (EVA)2 106.711 130.091 579.382 604.991 551.93
Solvency
Equity ratio79.8 %84.6 %76.9 %84.1 %67.7 %
Gearing14.7 %9.1 %19.7 %12.2 %28.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.21.42.41.7
Current ratio1.11.21.42.41.7
Cash and cash equivalents8.9113.797 906.134 287.449 596.51
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:6.33%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:67.7%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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