MICHAEL JUSTESEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 29518076
Anker Engelunds Vej 7, 9200 Aalborg SV

Credit rating

Company information

Official name
MICHAEL JUSTESEN HOLDING ApS
Personnel
1 person
Established
2006
Company form
Private limited company
Industry

About MICHAEL JUSTESEN HOLDING ApS

MICHAEL JUSTESEN HOLDING ApS (CVR number: 29518076) is a company from AALBORG. The company recorded a gross profit of -89.8 kDKK in 2024. The operating profit was -150.5 kDKK, while net earnings were -478 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.5 %, which can be considered poor and Return on Equity (ROE) was -3.7 %, which can be considered poor. 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 JUSTESEN HOLDING ApS's liquidity measured by quick ratio was 122.1 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 profit25.43-53.74-86.61-37.34-89.76
EBIT- 820.27- 903.45- 909.16- 104.52- 150.50
Net earnings- 646.10- 384.85-2 399.34- 816.83- 477.97
Shareholders equity total17 046.4916 661.6514 147.9113 213.2712 735.30
Balance sheet total (assets)18 226.9017 566.9814 943.7413 906.9212 764.83
Net debt-4 418.66-4 460.41-2 948.80-2 493.78-2 323.20
Profitability
EBIT-%
ROA-3.1 %-2.6 %-4.8 %0.0 %-0.5 %
ROE-3.7 %-2.3 %-15.6 %-6.0 %-3.7 %
ROI-3.2 %-2.6 %-4.8 %0.0 %-0.5 %
Economic value added (EVA)-1 593.65-1 609.82-1 589.66- 830.74- 815.06
Solvency
Equity ratio93.5 %94.8 %94.7 %95.0 %99.8 %
Gearing5.7 %5.2 %5.4 %5.1 %
Relative net indebtedness %
Liquidity
Quick ratio17.938.836.336.8122.1
Current ratio17.938.836.336.8122.1
Cash and cash equivalents5 385.895 321.453 710.683 163.682 323.20
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBABBB

Variable visualization

ROA:-0.46%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.8%
Rating: 96/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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