MICHAEL WALSTED HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 29315809
Ambolten 18, 6000 Kolding
info@walsted.com

Company information

Official name
MICHAEL WALSTED HOLDING ApS
Established
2006
Company form
Private limited company
Industry

About MICHAEL WALSTED HOLDING ApS

MICHAEL WALSTED HOLDING ApS (CVR number: 29315809) is a company from KOLDING. The company recorded a gross profit of -12.2 kDKK in 2024. The operating profit was -12.2 kDKK, while net earnings were 1854.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.7 %, which can be considered excellent and Return on Equity (ROE) was 18.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 91.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MICHAEL WALSTED HOLDING ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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-9.24-11.17-10.43-9.65-12.18
EBIT-9.24-11.17-10.43-9.65-12.18
Net earnings2 285.39711.301 832.67888.241 854.36
Shareholders equity total7 061.007 572.299 004.969 393.2010 747.56
Balance sheet total (assets)9 500.039 326.3110 566.5310 635.5011 768.68
Net debt201.38-5.26282.8730.7777.74
Profitability
EBIT-%
ROA27.3 %7.8 %18.7 %8.6 %16.7 %
ROE38.0 %9.7 %22.1 %9.7 %18.4 %
ROI28.5 %8.1 %20.0 %9.6 %18.2 %
Economic value added (EVA)- 277.31- 376.98- 399.73- 476.05- 492.58
Solvency
Equity ratio74.3 %81.2 %85.2 %88.3 %91.3 %
Gearing3.8 %2.9 %3.5 %2.4 %2.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.90.10.80.6
Current ratio0.70.90.10.80.6
Cash and cash equivalents66.15226.4336.40190.40143.43
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:16.7%
Rating: 69/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:91.3%
Rating: 72/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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