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Thane Mikkelsen Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Thane Mikkelsen Holding ApS
Thane Mikkelsen Holding ApS (CVR number: 43345117) is a company from VARDE. The company recorded a gross profit of -10.2 kDKK in 2025. The operating profit was -10.2 kDKK, while net earnings were 306.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.5 %, which can be considered good but Return on Equity (ROE) was 63 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 26.3 %, 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. Thane Mikkelsen Holding ApS's liquidity measured by quick ratio was 42.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Volume | ||||
| Net sales | ||||
| Gross profit | -10.67 | -5.63 | -6.40 | -10.25 |
| EBIT | -10.67 | -5.63 | -6.40 | -10.25 |
| Net earnings | 29.24 | 112.41 | 151.89 | 306.83 |
| Shareholders equity total | 69.24 | 181.64 | 333.54 | 640.37 |
| Balance sheet total (assets) | 2 099.08 | 2 243.70 | 2 498.50 | 2 436.20 |
| Net debt | 1 979.03 | 2 023.13 | 1 663.26 | 1 491.62 |
| Profitability | ||||
| EBIT-% | ||||
| ROA | 1.8 % | 6.5 % | 7.7 % | 13.5 % |
| ROE | 42.2 % | 89.6 % | 59.0 % | 63.0 % |
| ROI | 0.9 % | 3.4 % | 4.2 % | 7.8 % |
| Economic value added (EVA) | -8.80 | - 109.03 | - 116.00 | - 130.60 |
| Solvency | ||||
| Equity ratio | 3.3 % | 8.1 % | 13.3 % | 26.3 % |
| Gearing | 2907.8 % | 1116.2 % | 631.6 % | 264.3 % |
| Relative net indebtedness % | ||||
| Liquidity | ||||
| Quick ratio | 3.0 | 7.2 | 11.9 | 42.9 |
| Current ratio | 3.0 | 7.2 | 11.9 | 42.9 |
| Cash and cash equivalents | 34.30 | 4.34 | 443.24 | 200.91 |
| Capital use efficiency | ||||
| Trade debtors turnover (days) | ||||
| Net working capital % | ||||
| Credit risk | ||||
| Credit rating | BB | BBB | BBB | BBB |
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