LM MIKKELSEN EJENDOMME ApS — Credit Rating and Financial Key Figures

CVR number: 32269109
Gantrupvej 2, 8752 Østbirk

Company information

Official name
LM MIKKELSEN EJENDOMME ApS
Established
2009
Company form
Private limited company
Industry

About LM MIKKELSEN EJENDOMME ApS

LM MIKKELSEN EJENDOMME ApS (CVR number: 32269109) is a company from HORSENS. The company recorded a gross profit of 271.6 kDKK in 2023. The operating profit was 107.8 kDKK, while net earnings were 107.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.3 %, which can be considered weak and Return on Equity (ROE) was 3.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 65 %, 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. LM MIKKELSEN EJENDOMME ApS's liquidity measured by quick ratio was 2.8 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 profit417.16354.56999.56435.63271.62
EBIT234.52171.92833.24269.30107.81
Net earnings108.30125.88651.55229.53107.54
Shareholders equity total2 091.542 217.432 868.983 098.513 206.05
Balance sheet total (assets)4 296.734 122.664 847.834 960.804 930.23
Net debt1 820.331 594.551 472.191 465.861 376.22
Profitability
EBIT-%
ROA5.6 %4.4 %19.2 %6.5 %3.3 %
ROE5.3 %5.8 %25.6 %7.7 %3.4 %
ROI5.7 %4.5 %19.9 %6.7 %3.3 %
Economic value added (EVA)16.63-43.50470.7110.02- 119.09
Solvency
Equity ratio48.7 %53.8 %59.2 %62.5 %65.0 %
Gearing87.1 %71.9 %51.3 %47.3 %42.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.72.42.72.8
Current ratio0.70.72.42.72.8
Cash and cash equivalents0.380.000.000.040.04
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:3.26%
Rating: 36/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:65.0%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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