MICHAL HARRITSLEV HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 27208894
Lomvievej 22, Studstrup 8541 Skødstrup
michal@harritslev.com
tel: 51533500

Credit rating

Company information

Official name
MICHAL HARRITSLEV HOLDING ApS
Established
2003
Domicile
Studstrup
Company form
Private limited company
Industry

About MICHAL HARRITSLEV HOLDING ApS

MICHAL HARRITSLEV HOLDING ApS (CVR number: 27208894) is a company from AARHUS. The company recorded a gross profit of -17.5 kDKK in 2024. The operating profit was -17.5 kDKK, while net earnings were 97 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.6 %, which can be considered decent and Return on Equity (ROE) was 4.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 94.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MICHAL HARRITSLEV HOLDING ApS's liquidity measured by quick ratio was 11.2 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-15.69-16.10-17.64-15.44-17.53
EBIT-15.69-16.10-17.64-15.44-17.53
Net earnings442.21604.51219.98255.5496.96
Shareholders equity total1 724.851 999.361 919.352 074.882 071.85
Balance sheet total (assets)1 836.542 299.821 930.362 115.242 196.79
Net debt- 430.84- 600.35- 531.14- 573.54- 638.43
Profitability
EBIT-%
ROA28.3 %29.4 %14.8 %12.8 %4.6 %
ROE27.6 %32.5 %11.2 %12.8 %4.7 %
ROI29.4 %32.7 %16.0 %12.9 %4.8 %
Economic value added (EVA)8.755.059.83-3.04-11.45
Solvency
Equity ratio93.9 %86.9 %99.4 %98.1 %94.3 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio6.13.484.028.411.2
Current ratio6.13.484.028.411.2
Cash and cash equivalents430.84600.35531.14573.54638.43
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBABBB

Variable visualization

ROA:4.61%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:94.3%
Rating: 75/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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