MIKKEL GRENE HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 34799709
Libravej 7, 8270 Højbjerg

Company information

Official name
MIKKEL GRENE HOLDING ApS
Established
2012
Company form
Private limited company
Industry

About MIKKEL GRENE HOLDING ApS

MIKKEL GRENE HOLDING ApS (CVR number: 34799709) is a company from AARHUS. The company recorded a gross profit of -296.7 kDKK in 2023. The operating profit was -296.7 kDKK, while net earnings were 87.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 29 %, which can be considered excellent and Return on Equity (ROE) was 28.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MIKKEL GRENE HOLDING ApS's liquidity measured by quick ratio was 30.4 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-24.38-12.62-6.50-23.14- 296.71
EBIT-24.38-12.62-6.50-23.14- 296.71
Net earnings-21 902.0715 106.8077 302.2069 567.6887 247.99
Shareholders equity total110 797.67106 969.72204 049.77263 974.70347 250.69
Balance sheet total (assets)110 806.04106 974.74204 054.80264 020.83350 261.70
Net debt- 774.35- 768.19- 697.47-57 915.78-91 424.99
Profitability
EBIT-%
ROA-17.8 %13.9 %49.8 %29.7 %29.0 %
ROE-17.8 %13.9 %49.7 %29.7 %28.5 %
ROI-17.8 %13.9 %49.8 %29.7 %29.2 %
Economic value added (EVA)5 333.704 149.223 965.998 198.518 128.41
Solvency
Equity ratio100.0 %100.0 %100.0 %100.0 %99.1 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio96.2152.9138.81 255.630.4
Current ratio96.2152.9138.81 255.630.4
Cash and cash equivalents774.35768.19697.4757 915.7891 424.99
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAAAA

Variable visualization

ROA:29.0%
Rating: 83/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.1%
Rating: 87/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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