MICHALSKI HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 27554962
Vestergade 2 A, 7430 Ikast

Credit rating

Company information

Official name
MICHALSKI HOLDING ApS
Established
2004
Company form
Private limited company
Industry
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About MICHALSKI HOLDING ApS

MICHALSKI HOLDING ApS (CVR number: 27554962) is a company from IKAST-BRANDE. The company recorded a gross profit of 244.8 kDKK in 2024. The operating profit was 169.2 kDKK, while net earnings were 199.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3 %, which can be considered weak and Return on Equity (ROE) was 2.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 88 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MICHALSKI HOLDING ApS's liquidity measured by quick ratio was 1.9 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 sales
Gross profit34.61206.63140.99262.06244.78
EBIT-13.86152.6870.11191.18169.22
Net earnings240.79314.07- 252.90137.08199.33
Shareholders equity total8 289.308 490.378 123.078 142.348 219.67
Balance sheet total (assets)11 562.9010 251.479 774.039 129.989 341.75
Net debt1 195.19-2 630.05-2 258.33-1 816.94-2 017.03
Profitability
EBIT-%
ROA3.3 %4.0 %1.4 %2.9 %3.0 %
ROE2.9 %3.7 %-3.0 %1.7 %2.4 %
ROI3.5 %4.3 %1.7 %3.4 %3.4 %
Economic value added (EVA)- 314.38- 199.41- 243.58- 158.97- 195.40
Solvency
Equity ratio71.7 %82.8 %83.1 %89.2 %88.0 %
Gearing37.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.71.61.62.01.9
Current ratio0.92.01.62.01.9
Cash and cash equivalents1 916.122 630.052 258.331 816.942 017.03
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:2.98%
Rating: 35/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:88.0%
Rating: 68/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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