Michelle Lyngholm Dressage ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Michelle Lyngholm Dressage ApS
Michelle Lyngholm Dressage ApS (CVR number: 39703254) is a company from JAMMERBUGT. The company recorded a gross profit of 34.2 kDKK in 2023. The operating profit was -275.3 kDKK, while net earnings were -275.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -76.7 %, which can be considered poor and Return on Equity (ROE) was -440.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 26.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Michelle Lyngholm Dressage ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 206.71 | - 251.89 | - 233.52 | - 389.01 | 34.16 |
EBIT | - 206.71 | - 251.89 | - 236.78 | - 469.31 | - 275.32 |
Net earnings | - 166.18 | - 199.34 | - 239.65 | - 574.72 | - 275.35 |
Shareholders equity total | - 116.18 | - 315.51 | - 555.16 | 70.12 | 54.77 |
Balance sheet total (assets) | 846.18 | 769.11 | 1 117.76 | 514.60 | 203.43 |
Net debt | 390.15 | 1 022.76 | 1 186.03 | 99.82 | 20.37 |
Profitability | |||||
EBIT-% | |||||
ROA | -21.5 % | -24.6 % | -17.2 % | -42.9 % | -76.7 % |
ROE | -19.6 % | -24.7 % | -25.4 % | -96.8 % | -440.9 % |
ROI | -21.7 % | -25.5 % | -18.0 % | -47.3 % | -102.7 % |
Economic value added (EVA) | - 161.27 | - 162.47 | - 220.93 | - 522.86 | - 268.33 |
Solvency | |||||
Equity ratio | -12.1 % | -29.1 % | -33.2 % | 13.6 % | 26.9 % |
Gearing | -818.3 % | -324.2 % | -289.2 % | 440.9 % | 186.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.6 | 0.2 | 0.4 | 0.7 | 0.5 |
Current ratio | 0.9 | 0.7 | 0.7 | 1.2 | 1.2 |
Cash and cash equivalents | 560.54 | 419.50 | 209.33 | 81.55 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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