Mikael Simonsen Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Mikael Simonsen Holding ApS
Mikael Simonsen Holding ApS (CVR number: 36709006) is a company from SKANDERBORG. The company recorded a gross profit of -32.7 kDKK in 2023. The operating profit was -32.7 kDKK, while net earnings were 20.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7 %, which can be considered decent but Return on Equity (ROE) was 23.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 57.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Mikael Simonsen Holding ApS's liquidity measured by quick ratio was 1.2 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -54.82 | -8.13 | -19.51 | -36.27 | -32.72 |
EBIT | -54.82 | -8.13 | -19.51 | -36.27 | -32.72 |
Net earnings | - 247.76 | -8.13 | -19.52 | 235.75 | 20.44 |
Shareholders equity total | - 130.27 | - 138.40 | - 157.92 | 77.83 | 98.27 |
Balance sheet total (assets) | 250.23 | 84.68 | 108.81 | 414.56 | 172.00 |
Net debt | 370.27 | 220.54 | 264.42 | 300.57 | 71.19 |
Profitability | |||||
EBIT-% | |||||
ROA | 55.8 % | -2.7 % | -8.0 % | 69.2 % | 7.0 % |
ROE | -134.8 % | -4.9 % | -20.2 % | 252.6 % | 23.2 % |
ROI | 109.0 % | -2.7 % | -8.0 % | 69.2 % | 7.0 % |
Economic value added (EVA) | -51.19 | -1.57 | -10.92 | -26.71 | -5.97 |
Solvency | |||||
Equity ratio | -34.2 % | -62.0 % | -59.2 % | 18.8 % | 57.1 % |
Gearing | -284.4 % | -161.2 % | -168.9 % | 432.7 % | 75.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.7 | 0.2 | 0.3 | 0.3 | 1.2 |
Current ratio | 0.7 | 0.2 | 0.3 | 0.3 | 1.2 |
Cash and cash equivalents | 0.23 | 2.54 | 2.30 | 36.16 | 2.54 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | BB | BB | BB | BB |
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