MICHAEL SIVERTSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 31858798
Hillerslevvej 2, 7700 Thisted

Company information

Official name
MICHAEL SIVERTSEN HOLDING ApS
Established
2008
Company form
Private limited company
Industry

About MICHAEL SIVERTSEN HOLDING ApS

MICHAEL SIVERTSEN HOLDING ApS (CVR number: 31858798) is a company from THISTED. The company recorded a gross profit of -5.5 kDKK in 2024. The operating profit was -5.5 kDKK, while net earnings were 49.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.8 %, which can be considered decent and Return on Equity (ROE) was 4.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 94.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MICHAEL SIVERTSEN HOLDING ApS's liquidity measured by quick ratio was 18.1 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-22.75-5.71-4.00-4.38-5.54
EBIT-22.75-5.71-4.00-4.38-5.54
Net earnings4.909.03-1.83-3.8049.51
Shareholders equity total1 363.491 259.521 167.691 046.09973.59
Balance sheet total (assets)1 408.491 303.771 212.251 090.651 030.55
Net debt- 759.31- 960.84-1 172.51-1 050.91- 990.80
Profitability
EBIT-%
ROA1.1 %1.3 %0.4 %-0.3 %5.8 %
ROE0.3 %0.7 %-0.2 %-0.3 %4.9 %
ROI1.1 %1.3 %0.4 %-0.3 %5.9 %
Economic value added (EVA)-60.38-32.96-17.17-2.14-2.20
Solvency
Equity ratio96.8 %96.6 %96.3 %95.9 %94.5 %
Gearing2.7 %2.9 %3.4 %3.8 %4.1 %
Relative net indebtedness %
Liquidity
Quick ratio24.629.527.224.518.1
Current ratio24.629.527.224.518.1
Cash and cash equivalents795.99997.521 212.071 090.471 030.36
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:5.84%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:94.5%
Rating: 75/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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