K MIKKELSEN HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About K MIKKELSEN HOLDING ApS
K MIKKELSEN HOLDING ApS (CVR number: 33956274) is a company from AALBORG. The company recorded a gross profit of -11.9 kDKK in 2023. The operating profit was -11.9 kDKK, while net earnings were 232.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16 %, which can be considered excellent and Return on Equity (ROE) was 20.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 74.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. K MIKKELSEN HOLDING ApS'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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -6.11 | -6.77 | -7.40 | -8.88 | -11.88 |
EBIT | -6.11 | -6.77 | -7.40 | -8.88 | -11.88 |
Net earnings | 89.12 | 134.89 | 168.72 | 191.85 | 232.10 |
Shareholders equity total | 937.79 | 892.68 | 971.39 | 1 073.25 | 1 215.35 |
Balance sheet total (assets) | 1 079.55 | 1 088.31 | 1 236.49 | 1 409.49 | 1 628.82 |
Net debt | - 189.02 | - 238.11 | - 299.91 | - 361.34 | - 432.97 |
Profitability | |||||
EBIT-% | |||||
ROA | 8.6 % | 12.8 % | 15.1 % | 15.1 % | 16.0 % |
ROE | 9.5 % | 14.7 % | 18.1 % | 18.8 % | 20.3 % |
ROI | 9.9 % | 15.2 % | 18.8 % | 19.5 % | 21.3 % |
Economic value added (EVA) | 36.19 | 34.72 | 28.56 | 34.58 | 40.31 |
Solvency | |||||
Equity ratio | 86.9 % | 82.0 % | 78.6 % | 76.1 % | 74.6 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.8 | 1.9 | 1.6 | 1.5 | 1.4 |
Current ratio | 1.8 | 1.9 | 1.6 | 1.5 | 1.4 |
Cash and cash equivalents | 189.02 | 238.11 | 299.91 | 361.34 | 432.97 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A | A | A |
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