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MICHEL MANDRUP HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MICHEL MANDRUP HOLDING ApS
MICHEL MANDRUP HOLDING ApS (CVR number: 32935486) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of -72.9 kDKK in 2025. The operating profit was -72.9 kDKK, while net earnings were 1586.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.1 %, which can be considered good and Return on Equity (ROE) was 13 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 75.1 %, 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. MICHEL MANDRUP HOLDING ApS's liquidity measured by quick ratio was 6.6 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 financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -15.30 | -27.27 | -21.31 | -44.94 | -72.86 |
| EBIT | 141.37 | -27.27 | -21.31 | -44.94 | -72.86 |
| Net earnings | 1 806.32 | 1 551.94 | 649.24 | 1 119.50 | 1 586.42 |
| Shareholders equity total | 8 195.52 | 9 747.46 | 10 339.50 | 11 399.00 | 12 917.92 |
| Balance sheet total (assets) | 17 144.10 | 19 254.78 | 17 692.42 | 18 155.34 | 17 199.43 |
| Net debt | -84.95 | 6 057.99 | 5 447.19 | 5 160.11 | 2 980.99 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 15.7 % | 10.0 % | 8.5 % | 9.3 % | 11.1 % |
| ROE | 24.6 % | 17.3 % | 6.5 % | 10.3 % | 13.0 % |
| ROI | 15.7 % | 10.5 % | 9.3 % | 10.1 % | 11.7 % |
| Economic value added (EVA) | - 221.18 | - 633.79 | - 825.11 | - 844.77 | - 907.05 |
| Solvency | |||||
| Equity ratio | 47.8 % | 50.6 % | 58.4 % | 62.8 % | 75.1 % |
| Gearing | 48.7 % | 65.1 % | 55.8 % | 48.4 % | 28.6 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 305.0 | 2.1 | 2.8 | 3.0 | 6.6 |
| Current ratio | 318.7 | 2.2 | 3.0 | 3.2 | 7.1 |
| Cash and cash equivalents | 4 078.81 | 283.74 | 326.24 | 357.87 | 712.21 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | BBB | A | A |
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