Mogens Mikkelsen Holding ApS — Credit Rating and Financial Key Figures

CVR number: 38489240
Udlodgyden 20, Davinde 5220 Odense SØ

Company information

Official name
Mogens Mikkelsen Holding ApS
Established
2016
Domicile
Davinde
Company form
Private limited company
Industry

About Mogens Mikkelsen Holding ApS

Mogens Mikkelsen Holding ApS (CVR number: 38489240) is a company from ODENSE. The company recorded a gross profit of -31.1 kDKK in 2023. The operating profit was -63.9 kDKK, while net earnings were 655.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18 %, which can be considered excellent but Return on Equity (ROE) was 7.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 96.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Mogens Mikkelsen Holding ApS's liquidity measured by quick ratio was 22.3 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit47.68-0.77- 173.93-70.94-31.07
EBIT14.82-33.63- 206.79- 103.80-63.93
Net earnings324.151 139.76- 682.38414.55655.13
Shareholders equity total7 419.948 504.417 765.538 122.898 619.12
Balance sheet total (assets)8 138.839 476.187 913.558 359.758 964.09
Net debt-5 538.22-6 945.80-5 799.27-6 169.84-6 932.61
Profitability
EBIT-%
ROA5.4 %20.8 %5.6 %9.6 %18.0 %
ROE4.4 %14.3 %-8.4 %5.2 %7.8 %
ROI5.6 %21.7 %5.8 %9.7 %18.3 %
Economic value added (EVA)-54.59-94.40- 216.81- 175.65- 142.06
Solvency
Equity ratio91.2 %89.7 %98.1 %97.2 %96.2 %
Gearing6.9 %5.7 %0.5 %1.4 %2.1 %
Relative net indebtedness %
Liquidity
Quick ratio8.47.740.827.522.3
Current ratio8.88.041.427.922.3
Cash and cash equivalents6 050.417 431.395 834.806 285.497 112.69
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:18.0%
Rating: 71/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.2%
Rating: 77/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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