MIKKELSEN COMPANY ApS — Credit Rating and Financial Key Figures

CVR number: 26484502
Langelandsvej 4, 7400 Herning
tel: 97212273
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Credit rating

Company information

Official name
MIKKELSEN COMPANY ApS
Established
2002
Company form
Private limited company
Industry

About MIKKELSEN COMPANY ApS

MIKKELSEN COMPANY ApS (CVR number: 26484502) is a company from HERNING. The company recorded a gross profit of 352.1 kDKK in 2024, demonstrating a growth of 38.9 % compared to the previous year. The operating profit was 352.1 kDKK, while net earnings were 380 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.7 %, which can be considered excellent and Return on Equity (ROE) was 16.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 88.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MIKKELSEN COMPANY ApS's liquidity measured by quick ratio was 6.2 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
2020
2021
2022
2023
2024
Volume
Net sales250.04259.29
Gross profit-5.00-5.00245.04253.54352.13
EBIT-5.00-5.00245.04253.54352.13
Net earnings694.52353.70280.98290.98380.01
Shareholders equity total2 149.002 389.702 556.272 347.252 166.26
Balance sheet total (assets)3 248.083 444.632 721.492 513.762 454.33
Net debt895.72957.7083.3586.6990.16
Profitability
EBIT-%98.0 %97.8 %
ROA24.1 %11.4 %9.4 %11.6 %15.7 %
ROE35.6 %15.6 %11.4 %11.9 %16.8 %
ROI25.4 %11.9 %9.7 %12.0 %16.7 %
Economic value added (EVA)- 137.01- 156.9069.24113.34223.31
Solvency
Equity ratio66.2 %69.4 %93.9 %93.4 %88.3 %
Gearing41.7 %40.1 %3.3 %3.7 %4.2 %
Relative net indebtedness %66.0 %64.2 %
Liquidity
Quick ratio0.20.216.713.86.2
Current ratio0.20.216.713.86.2
Cash and cash equivalents0.170.170.17
Capital use efficiency
Trade debtors turnover (days)
Net working capital %553.3 %448.6 %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:15.7%
Rating: 67/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:88.3%
Rating: 68/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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