TØMRERFIRMAET SØREN MIKKELSEN ApS — Credit Rating and Financial Key Figures

CVR number: 20040491
Pilevænget 8, 8300 Odder

Company information

Official name
TØMRERFIRMAET SØREN MIKKELSEN ApS
Personnel
8 persons
Established
1997
Company form
Private limited company
Industry

About TØMRERFIRMAET SØREN MIKKELSEN ApS

TØMRERFIRMAET SØREN MIKKELSEN ApS (CVR number: 20040491) is a company from ODDER. The company recorded a gross profit of 2746.3 kDKK in 2023. The operating profit was 215.8 kDKK, while net earnings were 132 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.5 %, which can be considered good and Return on Equity (ROE) was 13.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 38 %, 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. TØMRERFIRMAET SØREN MIKKELSEN 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit2 944.183 734.453 481.513 433.442 746.30
EBIT292.19586.29212.8641.86215.82
Net earnings214.53714.37245.7734.77131.97
Shareholders equity total533.141 147.51893.29928.061 060.03
Balance sheet total (assets)1 964.382 946.312 773.132 212.252 786.50
Net debt186.68- 288.3478.3287.09312.62
Profitability
EBIT-%
ROA14.7 %24.4 %8.3 %3.1 %9.5 %
ROE40.8 %85.0 %24.1 %3.8 %13.3 %
ROI37.6 %54.6 %19.5 %7.2 %19.6 %
Economic value added (EVA)198.71695.93187.67-13.37118.71
Solvency
Equity ratio27.1 %38.9 %32.2 %42.0 %38.0 %
Gearing35.0 %8.8 %9.4 %29.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.71.51.81.7
Current ratio1.41.71.51.81.7
Cash and cash equivalents288.34
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBA

Variable visualization

ROA:9.50%
Rating: 56/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:38.0%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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