KIM MIKKELSEN HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About KIM MIKKELSEN HOLDING ApS
KIM MIKKELSEN HOLDING ApS (CVR number: 25612167) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 150.9 kDKK in 2023. The operating profit was -860.5 kDKK, while net earnings were -65.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.4 %, which can be considered weak but Return on Equity (ROE) was -0.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 55.5 %, 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. KIM MIKKELSEN HOLDING ApS's liquidity measured by quick ratio was 1.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -79.35 | - 110.20 | - 161.49 | 244.66 | 150.92 |
EBIT | - 104.35 | - 309.27 | - 711.99 | - 339.70 | - 860.49 |
Net earnings | 3 666.21 | - 962.88 | 379.43 | 3 187.85 | -65.56 |
Shareholders equity total | 16 395.60 | 13 932.73 | 14 312.16 | 15 200.01 | 11 734.45 |
Balance sheet total (assets) | 17 389.93 | 14 777.41 | 16 262.14 | 18 985.92 | 21 154.53 |
Net debt | -3 008.16 | -3 158.36 | -8 722.17 | -5 539.40 | - 905.65 |
Profitability | |||||
EBIT-% | |||||
ROA | 23.8 % | -8.0 % | 3.1 % | 20.3 % | 1.4 % |
ROE | 25.2 % | -6.3 % | 2.7 % | 21.6 % | -0.5 % |
ROI | 23.9 % | -8.1 % | 3.2 % | 20.5 % | 1.0 % |
Economic value added (EVA) | -20.12 | - 216.75 | - 553.68 | - 304.33 | -1 160.24 |
Solvency | |||||
Equity ratio | 94.3 % | 94.3 % | 88.0 % | 80.1 % | 55.5 % |
Gearing | 2.9 % | 5.7 % | 11.9 % | 24.0 % | 79.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 8.7 | 4.8 | 5.5 | 2.6 | 1.8 |
Current ratio | 8.7 | 4.8 | 6.5 | 3.4 | 1.9 |
Cash and cash equivalents | 3 484.11 | 3 952.34 | 10 429.26 | 9 193.46 | 10 209.12 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | A | A | AA | A |
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