Michelle Vesterby ApS — Credit Rating and Financial Key Figures

CVR number: 38816578
Sønderager Engpark 56, 7400 Herning

Company information

Official name
Michelle Vesterby ApS
Personnel
1 person
Established
2017
Company form
Private limited company
Industry

About Michelle Vesterby ApS

Michelle Vesterby ApS (CVR number: 38816578) is a company from HERNING. The company recorded a gross profit of 89.1 kDKK in 2024. The operating profit was 89.1 kDKK, while net earnings were -398.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 143.7 %, which can be considered excellent but Return on Equity (ROE) was -153.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 30 %, 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. Michelle Vesterby ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit389.62666.30354.62- 363.5189.14
EBIT150.56-6.45244.42- 363.5189.14
Net earnings-10.3411.01195.06- 749.41- 398.65
Shareholders equity total1 002.551 013.551 208.61459.2060.55
Balance sheet total (assets)1 210.771 142.321 429.96637.35201.76
Net debt- 903.85- 125.59- 184.14-4.81-12.67
Profitability
EBIT-%
ROA12.2 %1.0 %21.6 %11.1 %143.7 %
ROE-1.0 %1.1 %17.6 %-89.9 %-153.4 %
ROI15.4 %1.1 %24.1 %-79.4 %-101.8 %
Economic value added (EVA)96.79-11.36130.63- 411.2672.54
Solvency
Equity ratio82.8 %88.7 %84.5 %72.0 %30.0 %
Gearing0.1 %0.0 %6.1 %27.0 %152.1 %
Relative net indebtedness %
Liquidity
Quick ratio5.68.96.53.61.4
Current ratio5.88.96.53.61.4
Cash and cash equivalents904.82125.79258.39128.91104.76
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:143.7%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:30.0%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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