MICHAEL BLOK HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 29783152
Vognmandsgade 7, 8900 Randers C
mb@elizachokolade.dk
tel: 22666809

Company information

Official name
MICHAEL BLOK HOLDING ApS
Established
2006
Company form
Private limited company
Industry

About MICHAEL BLOK HOLDING ApS

MICHAEL BLOK HOLDING ApS (CVR number: 29783152) is a company from RANDERS. The company recorded a gross profit of 8.3 kDKK in 2023. The operating profit was -23.1 kDKK, while net earnings were 447.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.4 %, which can be considered weak and Return on Equity (ROE) was 3.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MICHAEL BLOK HOLDING ApS's liquidity measured by quick ratio was 453.9 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 profit- 204.94-50.25- 832.12-31.758.25
EBIT- 204.94-50.25- 842.19-62.83-23.12
Net earnings88.81-32.31- 917.53-1 324.19447.81
Shareholders equity total17 684.9917 542.0816 024.5513 200.3613 530.37
Balance sheet total (assets)17 768.6017 552.0816 034.8513 210.3613 552.87
Net debt-15 167.37-11 546.80-12 216.77-9 347.07-9 811.09
Profitability
EBIT-%
ROA1.2 %0.5 %-5.2 %2.4 %3.4 %
ROE0.4 %-0.2 %-5.5 %-9.1 %3.4 %
ROI1.2 %0.5 %-5.2 %2.4 %3.4 %
Economic value added (EVA)-1 286.39- 940.42-1 723.68- 853.49- 686.44
Solvency
Equity ratio99.5 %99.9 %99.9 %99.9 %99.8 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio212.31 424.01 229.5983.9453.9
Current ratio212.31 424.01 229.5983.9453.9
Cash and cash equivalents15 167.3711 546.8012 216.779 347.079 811.09
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:3.36%
Rating: 37/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.8%
Rating: 97/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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