Michael Bertelsen Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Michael Bertelsen Holding ApS
Michael Bertelsen Holding ApS (CVR number: 36913576) is a company from SILKEBORG. The company recorded a gross profit of -2.2 kDKK in 2024. The operating profit was -2.2 kDKK, while net earnings were 22.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.3 %, which can be considered poor but Return on Equity (ROE) was 74.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 44.4 %, 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 Bertelsen Holding ApS's liquidity measured by quick ratio was 19.3 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 0.44 | -1.56 | -2.93 | -24.10 | -2.19 |
EBIT | 0.44 | -1.56 | -2.93 | -24.10 | -2.19 |
Net earnings | -22.43 | -15.13 | -37.47 | 29.57 | 22.77 |
Shareholders equity total | 66.32 | 27.26 | -10.21 | 19.36 | 42.13 |
Balance sheet total (assets) | 178.80 | 146.30 | 117.47 | 93.51 | 94.81 |
Net debt | 60.30 | 50.85 | 111.02 | 0.38 | 2.57 |
Profitability | |||||
EBIT-% | |||||
ROA | -11.6 % | -9.1 % | -27.0 % | 26.6 % | -2.3 % |
ROE | -28.9 % | -32.3 % | -51.8 % | 43.2 % | 74.1 % |
ROI | -11.5 % | -8.9 % | -27.4 % | 27.1 % | -2.4 % |
Economic value added (EVA) | -9.49 | -10.44 | -9.35 | -30.01 | -6.79 |
Solvency | |||||
Equity ratio | 37.1 % | 18.6 % | -8.0 % | 20.7 % | 44.4 % |
Gearing | 166.6 % | 369.3 % | -1231.1 % | 261.7 % | 120.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.5 | 0.9 | 0.8 | 18.8 | 19.3 |
Current ratio | 0.5 | 0.9 | 0.8 | 18.8 | 19.3 |
Cash and cash equivalents | 50.17 | 49.83 | 14.65 | 50.29 | 48.10 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
Variable visualization
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