Allan Michaelsen Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Allan Michaelsen Holding ApS
Allan Michaelsen Holding ApS (CVR number: 40551840) is a company from AARHUS. The company recorded a gross profit of -7.5 kDKK in 2023. The operating profit was -7.5 kDKK, while net earnings were -118.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -80.9 %, which can be considered poor and Return on Equity (ROE) was -137.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 29.6 %, 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. Allan Michaelsen 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | -3.88 | -1.19 | -18.38 | -7.47 |
EBIT | -3.88 | -1.19 | -18.38 | -7.47 |
Net earnings | 14.98 | 138.65 | -47.75 | - 118.89 |
Shareholders equity total | 54.98 | 193.63 | 145.88 | 26.99 |
Balance sheet total (assets) | 59.74 | 243.63 | 195.95 | 91.06 |
Net debt | 3.95 | 5.14 | 4.29 | 56.93 |
Profitability | ||||
EBIT-% | ||||
ROA | 25.2 % | 90.7 % | -23.4 % | -80.9 % |
ROE | 27.2 % | 111.5 % | -28.1 % | -137.6 % |
ROI | 25.2 % | 106.4 % | -29.4 % | -98.6 % |
Economic value added (EVA) | -3.88 | -0.95 | -6.31 | 0.99 |
Solvency | ||||
Equity ratio | 92.0 % | 79.5 % | 74.4 % | 29.6 % |
Gearing | 8.7 % | 2.7 % | 3.3 % | 214.3 % |
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 0.2 | 0.9 | 0.6 | 0.6 |
Current ratio | 0.2 | 0.9 | 0.6 | 0.6 |
Cash and cash equivalents | 0.81 | 0.47 | 0.91 | |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BB | BBB | BB | BB |
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