Michael Serritzlew Holding ApS — Credit Rating and Financial Key Figures

CVR number: 40115978
Strandbakkevej 16, 3220 Tisvildeleje
Mserritzlew@live.dk
tel: 61714400

Credit rating

Company information

Official name
Michael Serritzlew Holding ApS
Established
2018
Company form
Private limited company
Industry

About Michael Serritzlew Holding ApS

Michael Serritzlew Holding ApS (CVR number: 40115978) is a company from GRIBSKOV. The company recorded a gross profit of -12.2 kDKK in 2023. The operating profit was -34.1 kDKK, while net earnings were 60.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.3 %, which can be considered decent and Return on Equity (ROE) was 4.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 70.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Michael Serritzlew Holding ApS's liquidity measured by quick ratio was 2.4 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-10.28-10.43-11.79-9.48-12.24
EBIT-32.12-32.27-33.63-31.32-34.08
Net earnings107.2176.6923.55298.8860.12
Shareholders equity total1 298.141 264.031 174.781 359.261 301.80
Balance sheet total (assets)1 512.761 469.221 463.221 688.111 841.76
Net debt- 571.10- 669.83- 595.20- 464.96- 322.30
Profitability
EBIT-%
ROA6.7 %5.1 %1.7 %19.9 %4.3 %
ROE8.3 %6.0 %1.9 %23.6 %4.5 %
ROI6.7 %5.3 %1.8 %20.5 %4.4 %
Economic value added (EVA)16.00-15.59-15.52-20.14-14.66
Solvency
Equity ratio85.8 %86.0 %80.3 %80.5 %70.7 %
Gearing13.0 %6.4 %14.4 %21.9 %33.5 %
Relative net indebtedness %
Liquidity
Quick ratio4.34.63.22.62.4
Current ratio4.34.63.22.62.4
Cash and cash equivalents739.78750.57764.52762.28758.79
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:4.26%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:70.7%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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