MICHAEL KUDSK HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 30609611
Gl. Landevej 14, 7400 Herning

Company information

Official name
MICHAEL KUDSK HOLDING ApS
Personnel
1 person
Established
2007
Company form
Private limited company
Industry

About MICHAEL KUDSK HOLDING ApS

MICHAEL KUDSK HOLDING ApS (CVR number: 30609611) is a company from HERNING. The company recorded a gross profit of -13 kDKK in 2023. The operating profit was -13 kDKK, while net earnings were 3018.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12 %, which can be considered good and Return on Equity (ROE) was 12 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 99.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MICHAEL KUDSK HOLDING ApS's liquidity measured by quick ratio was 378.6 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-10.26-9.36-12.59-8.13-13.02
EBIT-10.26- 134.36- 137.59-8.13-13.02
Net earnings1 883.643 975.062 120.93641.133 018.59
Shareholders equity total17 310.7421 175.2023 183.1323 709.8726 610.65
Balance sheet total (assets)17 316.9921 181.4523 189.3823 716.1126 624.67
Net debt-3 478.90-4 595.34-4 062.38-4 956.10-5 308.32
Profitability
EBIT-%
ROA11.6 %20.8 %11.1 %2.8 %12.0 %
ROE11.5 %20.7 %9.6 %2.7 %12.0 %
ROI11.6 %20.8 %11.1 %2.8 %12.0 %
Economic value added (EVA)607.70477.40615.86571.22550.78
Solvency
Equity ratio100.0 %100.0 %100.0 %100.0 %99.9 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio556.6735.4650.2793.2378.6
Current ratio556.6735.4650.2793.2378.6
Cash and cash equivalents3 478.904 595.344 062.384 956.105 308.32
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:12.0%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.9%
Rating: 99/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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