Michelle Vesterby ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 389.62 | 666.30 | 354.62 | - 363.51 | 89.14 |
EBIT | 150.56 | -6.45 | 244.42 | - 363.51 | 89.14 |
Net earnings | -10.34 | 11.01 | 195.06 | - 749.41 | - 398.65 |
Shareholders equity total | 1 002.55 | 1 013.55 | 1 208.61 | 459.20 | 60.55 |
Balance sheet total (assets) | 1 210.77 | 1 142.32 | 1 429.96 | 637.35 | 201.76 |
Net debt | - 903.85 | - 125.59 | - 184.14 | -4.81 | -12.67 |
Profitability | |||||
EBIT-% | |||||
ROA | 12.2 % | 1.0 % | 21.6 % | 11.1 % | 143.7 % |
ROE | -1.0 % | 1.1 % | 17.6 % | -89.9 % | -153.4 % |
ROI | 15.4 % | 1.1 % | 24.1 % | -79.4 % | -101.8 % |
Economic value added (EVA) | 96.79 | -11.36 | 130.63 | - 411.26 | 72.54 |
Solvency | |||||
Equity ratio | 82.8 % | 88.7 % | 84.5 % | 72.0 % | 30.0 % |
Gearing | 0.1 % | 0.0 % | 6.1 % | 27.0 % | 152.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 5.6 | 8.9 | 6.5 | 3.6 | 1.4 |
Current ratio | 5.8 | 8.9 | 6.5 | 3.6 | 1.4 |
Cash and cash equivalents | 904.82 | 125.79 | 258.39 | 128.91 | 104.76 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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