MICHAEL STEFFENSEN ApS — Credit Rating and Financial Key Figures

CVR number: 31861268
Skovsneglevej 2, 3300 Frederiksværk
tel: 47746504

Credit rating

Company information

Official name
MICHAEL STEFFENSEN ApS
Personnel
2 persons
Established
2009
Company form
Private limited company
Industry

About MICHAEL STEFFENSEN ApS

MICHAEL STEFFENSEN ApS (CVR number: 31861268) is a company from HALSNÆS. The company recorded a gross profit of 925.5 kDKK in 2024. The operating profit was 175.9 kDKK, while net earnings were 138.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.3 %, which can be considered decent but Return on Equity (ROE) was 3.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 91 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MICHAEL STEFFENSEN ApS's liquidity measured by quick ratio was 3.1 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 profit1 833.982 148.952 148.951 650.30925.54
EBIT613.65646.61646.61853.46175.86
Net earnings462.03484.97484.97649.21138.73
Shareholders equity total2 744.543 499.393 499.393 948.603 687.33
Balance sheet total (assets)4 409.425 019.515 019.514 277.924 053.17
Net debt- 198.46- 433.76- 433.76-2 400.45- 667.87
Profitability
EBIT-%
ROA14.8 %13.7 %12.9 %18.4 %4.3 %
ROE18.0 %15.5 %13.9 %17.4 %3.6 %
ROI16.9 %15.8 %14.7 %20.3 %4.6 %
Economic value added (EVA)333.78375.97349.86532.0258.81
Solvency
Equity ratio62.2 %69.7 %69.7 %92.3 %91.0 %
Gearing37.3 %25.7 %25.7 %0.0 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio2.83.13.19.73.1
Current ratio2.83.33.311.23.2
Cash and cash equivalents1 221.301 333.741 333.742 402.02669.78
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAABBBBBB

Variable visualization

ROA:4.30%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:91.0%
Rating: 71/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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