KIM MICHAELSEN, 802 HØRUPHAV ApS — Credit Rating and Financial Key Figures

CVR number: 27039464
Søndre Landevej 217, Høruphav 6470 Sydals

Credit rating

Company information

Official name
KIM MICHAELSEN, 802 HØRUPHAV ApS
Personnel
30 persons
Established
2003
Domicile
Høruphav
Company form
Private limited company
Industry

About KIM MICHAELSEN, 802 HØRUPHAV ApS

KIM MICHAELSEN, 802 HØRUPHAV ApS (CVR number: 27039464) is a company from SØNDERBORG. The company recorded a gross profit of 3399.7 kDKK in 2024. The operating profit was 588.9 kDKK, while net earnings were 323.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 28.9 %, which can be considered excellent and Return on Equity (ROE) was 83.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 18.9 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. KIM MICHAELSEN, 802 HØRUPHAV ApS's liquidity measured by quick ratio was 0.7 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit3.873.653.063.263 399.70
EBIT1.220.950.500.55588.90
Net earnings0.840.620.270.30323.22
Shareholders equity total1.311.180.850.85774.90
Balance sheet total (assets)3.243.714.044.184 101.45
Net debt-1.41-1.63-1.74-1.80-2 010.75
Profitability
EBIT-%
ROA42.6 %27.5 %13.1 %13.5 %28.9 %
ROE78.7 %49.5 %26.6 %35.5 %83.3 %
ROI114.2 %76.6 %49.8 %65.0 %149.8 %
Economic value added (EVA)1.170.890.440.51459.37
Solvency
Equity ratio40.6 %31.9 %21.0 %20.4 %18.9 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio0.80.70.60.60.7
Current ratio1.61.41.21.21.1
Cash and cash equivalents1.411.631.741.802 010.75
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:28.9%
Rating: 83/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:18.9%
Rating: 18/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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