MICHAEL SEEMANN HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MICHAEL SEEMANN HOLDING ApS
MICHAEL SEEMANN HOLDING ApS (CVR number: 29538271) is a company from HILLERØD. The company recorded a gross profit of 0 kDKK in 2022. The operating profit was 0 kDKK, while net earnings were -306.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -35.9 %, which can be considered poor and Return on Equity (ROE) was -47 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 71.4 %, 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. MICHAEL SEEMANN HOLDING ApS's liquidity measured by quick ratio was 2.7 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 3.00 | - 198.00 | 128.54 | ||
Gross profit | -1.00 | - 203.00 | -5.12 | -4.38 | |
EBIT | -1.00 | - 203.00 | 123.42 | -4.38 | |
Net earnings | 4.00 | - 198.00 | 123.05 | 60.64 | - 306.34 |
Shareholders equity total | 827.00 | 628.00 | 751.48 | 805.63 | 499.29 |
Balance sheet total (assets) | 1 003.00 | 839.00 | 973.27 | 1 005.83 | 699.49 |
Net debt | - 120.00 | - 121.00 | - 118.45 | - 112.36 | - 112.36 |
Profitability | |||||
EBIT-% | -33.3 % | 96.0 % | |||
ROA | 0.3 % | -21.5 % | 13.6 % | 6.6 % | -35.9 % |
ROE | 0.5 % | -27.2 % | 17.8 % | 7.8 % | -47.0 % |
ROI | 0.3 % | -22.5 % | 14.7 % | 7.0 % | -37.8 % |
Economic value added (EVA) | -50.04 | - 252.19 | 85.52 | -48.88 | -48.44 |
Solvency | |||||
Equity ratio | 82.5 % | 74.9 % | 77.2 % | 80.1 % | 71.4 % |
Gearing | 18.4 % | 24.2 % | 20.3 % | 19.7 % | 31.7 % |
Relative net indebtedness % | -3200.0 % | 31.3 % | -38.1 % | ||
Liquidity | |||||
Quick ratio | 3.0 | 2.7 | 2.6 | 2.7 | 2.7 |
Current ratio | 3.0 | 2.7 | 2.6 | 2.7 | 2.7 |
Cash and cash equivalents | 272.00 | 273.00 | 270.74 | 270.74 | 270.74 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 11933.3 % | -180.3 % | 273.4 % | ||
Credit risk | |||||
Credit rating | BBB | BB | BBB | BBB | BB |
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