MICHAEL BLACH HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 30282248
Hvorupgårdvej 82, 9400 Nørresundby
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Company information

Official name
MICHAEL BLACH HOLDING ApS
Established
2007
Company form
Private limited company
Industry

About MICHAEL BLACH HOLDING ApS

MICHAEL BLACH HOLDING ApS (CVR number: 30282248) is a company from AALBORG. The company recorded a gross profit of -12.6 kDKK in 2024. The operating profit was -12.6 kDKK, while net earnings were 524.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.3 %, which can be considered decent but Return on Equity (ROE) was 10.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 43.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. MICHAEL BLACH HOLDING ApS's liquidity measured by quick ratio was 0 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 profit-4.00-5.00-6.00-30.00-12.62
EBIT-4.00-5.00-6.00-30.00-12.62
Net earnings-1 835.001 751.00-1 206.00-1 794.00524.36
Shareholders equity total5 813.007 564.006 357.004 563.005 088.73
Balance sheet total (assets)5 817.0013 674.0012 560.0011 114.0011 780.29
Net debt5 758.005 886.006 380.006 588.12
Profitability
EBIT-%
ROA-27.2 %18.0 %-8.2 %-13.0 %7.3 %
ROE-27.3 %26.2 %-17.3 %-32.9 %10.9 %
ROI-27.3 %18.3 %-8.4 %-13.2 %7.4 %
Economic value added (EVA)- 388.31- 296.27- 674.17- 638.60- 559.92
Solvency
Equity ratio99.9 %55.3 %50.6 %41.1 %43.2 %
Gearing76.1 %92.6 %139.9 %129.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.50.10.10.10.0
Current ratio1.50.10.10.10.0
Cash and cash equivalents4.000.01
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBA

Variable visualization

ROA:7.34%
Rating: 50/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:43.2%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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