NIELS MIKKELSENS TRIKOTAGEFABRIK AKTIESELSKAB — Credit Rating and Financial Key Figures

CVR number: 34756619
Bornholmsvej 1, 7400 Herning
bm@nmtrikotage.dk
tel: 97153082
www.nielsmikkelsen.com

Credit rating

Company information

Official name
NIELS MIKKELSENS TRIKOTAGEFABRIK AKTIESELSKAB
Personnel
4 persons
Established
1947
Company form
Limited company
Industry
  • Expand more icon141000

About NIELS MIKKELSENS TRIKOTAGEFABRIK AKTIESELSKAB

NIELS MIKKELSENS TRIKOTAGEFABRIK AKTIESELSKAB (CVR number: 34756619) is a company from HERNING. The company recorded a gross profit of 13.8 mDKK in 2024. The operating profit was 10.8 mDKK, while net earnings were 8397.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 55.1 %, which can be considered excellent and Return on Equity (ROE) was 73.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 58.9 %, 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. NIELS MIKKELSENS TRIKOTAGEFABRIK AKTIESELSKAB'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 profit3 534.435 455.695 442.826 346.2213 830.38
EBIT1 238.212 495.332 535.883 465.2710 799.66
Net earnings957.391 952.251 980.442 677.908 397.48
Shareholders equity total6 356.567 308.807 289.248 467.1414 364.62
Balance sheet total (assets)9 539.4213 769.5814 529.2215 270.7324 376.85
Net debt-2 820.57-16.11129.321 785.63835.84
Profitability
EBIT-%
ROA14.0 %21.8 %18.2 %23.7 %55.1 %
ROE15.4 %28.6 %27.1 %34.0 %73.6 %
ROI20.0 %36.8 %34.6 %39.5 %85.3 %
Economic value added (EVA)781.911 813.541 657.982 384.917 984.88
Solvency
Equity ratio66.6 %53.6 %52.0 %55.4 %58.9 %
Gearing1.8 %21.2 %5.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.40.90.70.61.4
Current ratio2.72.01.92.12.4
Cash and cash equivalents2 820.5716.114.885.561.02
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBABBB

Variable visualization

ROA:55.1%
Rating: 97/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:58.9%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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