Mikkelsen & Ludvigsen Holding ApS — Credit Rating and Financial Key Figures

CVR number: 38124838
Ulvevænget 3 A, 7100 Vejle
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Company information

Official name
Mikkelsen & Ludvigsen Holding ApS
Established
2016
Company form
Private limited company
Industry

About Mikkelsen & Ludvigsen Holding ApS

Mikkelsen & Ludvigsen Holding ApS (CVR number: 38124838) is a company from VEJLE. The company recorded a gross profit of -6.7 kDKK in 2023. The operating profit was -6.7 kDKK, while net earnings were 1809.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22.4 %, which can be considered excellent and Return on Equity (ROE) was 23.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 90.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Mikkelsen & Ludvigsen Holding ApS's liquidity measured by quick ratio was 1.5 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-5.67-6.18-6.30-6.55-6.70
EBIT-5.67-6.18-6.30-6.55-6.70
Net earnings1 564.402 442.072 139.183 908.761 809.59
Shareholders equity total1 675.473 867.545 506.729 115.486 125.06
Balance sheet total (assets)8 529.498 076.018 650.249 440.466 791.99
Net debt6 699.243 911.342 531.61- 329.87- 316.24
Profitability
EBIT-%
ROA20.2 %31.1 %26.6 %43.5 %22.4 %
ROE103.0 %88.1 %45.6 %53.5 %23.7 %
ROI20.3 %31.3 %27.6 %44.9 %23.3 %
Economic value added (EVA)-8.31-11.57-12.80-14.684.04
Solvency
Equity ratio19.6 %47.9 %63.7 %96.6 %90.2 %
Gearing408.9 %105.4 %48.8 %2.2 %3.3 %
Relative net indebtedness %
Liquidity
Quick ratio77.13.41.82.01.5
Current ratio77.13.41.82.01.5
Cash and cash equivalents151.04164.02156.46525.85520.69
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:22.4%
Rating: 78/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:90.2%
Rating: 70/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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