Michael Brønnum ApS — Credit Rating and Financial Key Figures

CVR number: 37933597
Storemosevej 42, 9310 Vodskov

Company information

Official name
Michael Brønnum ApS
Personnel
1 person
Established
2016
Company form
Private limited company
Industry

About Michael Brønnum ApS

Michael Brønnum ApS (CVR number: 37933597) is a company from AALBORG. The company recorded a gross profit of 477.9 kDKK in 2024. The operating profit was 446.8 kDKK, while net earnings were 133.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.5 %, which can be considered excellent and Return on Equity (ROE) was 22.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 24.5 %, 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. Michael Brønnum ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales1 077.11
Gross profit34.67230.63348.36205.72477.93
EBIT34.67224.19339.16195.99446.82
Net earnings18.94169.88258.79121.64133.57
Shareholders equity total120.82290.71492.30555.03627.61
Balance sheet total (assets)254.44506.05851.811 270.502 558.50
Net debt114.6586.51- 213.07579.971 693.15
Profitability
EBIT-%3.2 %
ROA19.1 %59.0 %50.0 %18.5 %15.5 %
ROE17.0 %82.6 %66.1 %23.2 %22.6 %
ROI20.4 %68.1 %74.1 %24.1 %17.2 %
Economic value added (EVA)20.91163.04243.61124.28286.60
Solvency
Equity ratio47.5 %57.4 %57.8 %43.7 %24.5 %
Gearing94.9 %29.8 %104.5 %269.8 %
Relative net indebtedness %12.4 %
Liquidity
Quick ratio0.00.60.40.0
Current ratio1.93.02.41.81.3
Cash and cash equivalents213.07
Capital use efficiency
Trade debtors turnover (days)
Net working capital %11.2 %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:15.5%
Rating: 67/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:24.5%
Rating: 22/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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