MIKKEL MÜLLER HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 33860293
Bøjdenvejen 26 A, 5772 Kværndrup

Credit rating

Company information

Official name
MIKKEL MÜLLER HOLDING ApS
Personnel
2 persons
Established
2011
Company form
Private limited company
Industry

About MIKKEL MÜLLER HOLDING ApS

MIKKEL MÜLLER HOLDING ApS (CVR number: 33860293) is a company from FAABORG-MIDTFYN. The company recorded a gross profit of 105.8 kDKK in 2024. The operating profit was -33.7 kDKK, while net earnings were -942.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.1 %, which can be considered poor and Return on Equity (ROE) was -5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 67.9 %, 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. MIKKEL MÜLLER HOLDING ApS's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit22.821 105.81212.40- 207.99105.80
EBIT- 256.82685.6347.04- 349.20-33.71
Net earnings641.302 370.657 391.42- 352.13- 942.86
Shareholders equity total10 317.2112 574.8619 851.8819 381.9518 317.08
Balance sheet total (assets)17 188.6426 791.6731 482.9628 431.2126 963.99
Net debt5 931.998 942.038 655.308 360.387 669.73
Profitability
EBIT-%
ROA5.0 %11.9 %26.7 %0.5 %-2.1 %
ROE6.4 %20.7 %45.6 %-1.8 %-5.0 %
ROI5.2 %12.4 %28.6 %0.5 %-2.1 %
Economic value added (EVA)-1 028.96- 130.89-1 047.85-1 715.17-1 427.76
Solvency
Equity ratio60.1 %46.9 %63.1 %68.2 %67.9 %
Gearing57.5 %71.1 %43.6 %43.1 %41.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.00.10.10.2
Current ratio0.80.00.10.10.2
Cash and cash equivalents0.230.030.03
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:-2.08%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:67.9%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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