MICHAEL FJORD NIELSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 32649947
Maltvej 34, Askov 6600 Vejen

Credit rating

Company information

Official name
MICHAEL FJORD NIELSEN HOLDING ApS
Established
2009
Domicile
Askov
Company form
Private limited company
Industry

About MICHAEL FJORD NIELSEN HOLDING ApS

MICHAEL FJORD NIELSEN HOLDING ApS (CVR number: 32649947) is a company from VEJEN. The company recorded a gross profit of -40.6 kDKK in 2024. The operating profit was -40.6 kDKK, while net earnings were 827.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.3 %, which can be considered excellent and Return on Equity (ROE) was 19.6 %, which can be considered excellent. 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 FJORD NIELSEN HOLDING ApS's liquidity measured by quick ratio was 410.6 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-8.43-9.59-9.67-11.26-40.61
EBIT-8.43-9.59-9.67-11.26-40.61
Net earnings844.12753.55342.581 156.78827.77
Shareholders equity total3 131.363 534.913 389.094 057.874 397.64
Balance sheet total (assets)3 137.163 540.713 394.894 063.674 405.14
Net debt-1 799.89-2 297.79-2 323.06-2 433.38-3 059.49
Profitability
EBIT-%
ROA30.0 %22.8 %15.0 %31.0 %20.3 %
ROE29.3 %22.6 %9.9 %31.1 %19.6 %
ROI30.1 %22.8 %15.0 %31.1 %20.3 %
Economic value added (EVA)- 138.51- 166.94- 187.30- 181.56- 232.74
Solvency
Equity ratio99.8 %99.8 %99.8 %99.9 %99.8 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio310.3396.2400.5419.5410.6
Current ratio310.3396.2400.5419.5410.6
Cash and cash equivalents1 799.892 297.792 323.062 433.383 059.49
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBABBB

Variable visualization

ROA:20.3%
Rating: 74/100
-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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