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Michelsen Project Consulting ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Michelsen Project Consulting ApS
Michelsen Project Consulting ApS (CVR number: 40024506) is a company from SØNDERBORG. The company recorded a gross profit of 722.6 kDKK in 2025. The operating profit was -209.3 kDKK, while net earnings were -194.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -36.8 %, which can be considered poor and Return on Equity (ROE) was -78.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 39.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Michelsen Project Consulting ApS's liquidity measured by quick ratio was 1.7 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 financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 1 397.87 | 1 447.06 | 1 251.93 | 1 300.14 | 722.58 |
| EBIT | 752.55 | 770.52 | 333.65 | 352.75 | - 209.32 |
| Net earnings | 587.39 | 612.61 | 284.81 | 281.61 | - 194.33 |
| Shareholders equity total | 716.64 | 679.25 | 364.06 | 345.67 | 151.34 |
| Balance sheet total (assets) | 1 188.11 | 1 134.51 | 1 065.34 | 746.44 | 381.01 |
| Net debt | - 187.66 | - 171.54 | - 402.57 | - 409.58 | - 257.56 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 89.8 % | 68.3 % | 33.5 % | 40.1 % | -36.8 % |
| ROE | 124.2 % | 87.8 % | 54.6 % | 79.4 % | -78.2 % |
| ROI | 160.0 % | 112.9 % | 70.3 % | 99.1 % | -66.1 % |
| Economic value added (EVA) | 574.07 | 563.47 | 224.09 | 254.95 | - 212.05 |
| Solvency | |||||
| Equity ratio | 60.3 % | 59.9 % | 34.2 % | 46.3 % | 39.7 % |
| Gearing | 0.6 % | 0.6 % | 6.9 % | 71.1 % | |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 2.5 | 2.5 | 1.5 | 1.9 | 1.7 |
| Current ratio | 2.5 | 2.5 | 1.5 | 1.9 | 1.7 |
| Cash and cash equivalents | 192.03 | 175.47 | 402.57 | 433.29 | 365.11 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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