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TØMRERFIRMAET MICHAEL NIELSEN ApS — Credit Rating and Financial Key Figures

CVR number: 29221057
Postmosen 132, 3400 Hillerød
Free credit report Annual report

Company information

Official name
TØMRERFIRMAET MICHAEL NIELSEN ApS
Personnel
2 persons
Established
2005
Company form
Private limited company
Industry

About TØMRERFIRMAET MICHAEL NIELSEN ApS

TØMRERFIRMAET MICHAEL NIELSEN ApS (CVR number: 29221057) is a company from HILLERØD. The company reported a net sales of 4 mDKK in 2024, demonstrating a growth of 21.7 % compared to the previous year. The operating profit percentage was at 17.6 % (EBIT: 0.7 mDKK), while net earnings were 243.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.8 %, which can be considered weak and Return on Equity (ROE) was 2.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 60.8 %, 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. TØMRERFIRMAET MICHAEL NIELSEN ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales1 722.993 046.804 080.963 275.433 985.02
Gross profit434.611 433.141 975.051 508.831 484.59
EBIT- 785.92454.861 062.99636.21700.90
Net earnings- 967.55282.80787.94222.22243.55
Shareholders equity total6 346.196 625.529 640.219 855.6512 278.46
Balance sheet total (assets)14 204.6014 724.2417 337.7516 912.6720 179.75
Net debt5 178.974 680.275 851.785 609.355 916.30
Profitability
EBIT-%-45.6 %14.9 %26.0 %19.4 %17.6 %
ROA-7.4 %3.1 %6.6 %3.7 %3.8 %
ROE-22.4 %4.4 %9.7 %2.3 %2.2 %
ROI-9.4 %3.9 %7.4 %3.9 %4.0 %
Economic value added (EVA)-1 047.62- 124.28417.11- 354.62- 310.06
Solvency
Equity ratio44.7 %45.0 %55.6 %58.3 %60.8 %
Gearing81.6 %81.3 %73.5 %65.7 %55.5 %
Relative net indebtedness %456.1 %242.6 %158.5 %188.9 %175.8 %
Liquidity
Quick ratio0.10.32.11.70.9
Current ratio0.10.32.11.70.9
Cash and cash equivalents708.221 230.04869.92894.71
Capital use efficiency
Trade debtors turnover (days)7.210.84.511.72.3
Net working capital %-136.4 %-61.2 %16.9 %13.0 %-3.3 %
Credit risk
Credit ratingBBBAAAAAA

Variable visualization

ROA:3.78%
Rating: 39/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:60.8%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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