MIELCKE & HURTIGKARL ApS — Credit Rating and Financial Key Figures

CVR number: 31061911
Frederiksberg Runddel 1, 2000 Frederiksberg

Company information

Official name
MIELCKE & HURTIGKARL ApS
Personnel
49 persons
Established
2007
Company form
Private limited company
Industry

About MIELCKE & HURTIGKARL ApS

MIELCKE & HURTIGKARL ApS (CVR number: 31061911) is a company from FREDERIKSBERG. The company recorded a gross profit of 12.9 mDKK in 2023. The operating profit was 1114.5 kDKK, while net earnings were 798.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.4 %, which can be considered good but Return on Equity (ROE) was 59.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 37.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. MIELCKE & HURTIGKARL ApS's liquidity measured by quick ratio was 2.2 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit7 754.805 728.0210 109.3513 647.9012 902.77
EBIT611.41572.251 299.19443.731 114.54
Net earnings407.08397.35942.46277.77798.36
Shareholders equity total- 528.72- 131.37811.091 088.861 587.22
Balance sheet total (assets)4 809.206 252.919 004.848 650.559 814.51
Net debt- 446.41-1 166.72-1 311.48- 599.90-1 863.05
Profitability
EBIT-%
ROA10.7 %9.8 %16.9 %5.0 %12.4 %
ROE8.1 %7.2 %26.7 %29.2 %59.7 %
ROI68.6 %374.2 %96.8 %18.6 %44.6 %
Economic value added (EVA)491.44461.031 040.99405.99815.25
Solvency
Equity ratio-9.9 %-2.1 %9.0 %28.1 %37.5 %
Gearing-16.4 %201.8 %95.5 %79.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.40.61.42.2
Current ratio0.60.81.01.01.1
Cash and cash equivalents532.901 166.722 948.021 639.983 120.56
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:12.4%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:37.5%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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