MICHAEL MEJER HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 33778961
Skovbakken 37, Gullestrup 7400 Herning

Company information

Official name
MICHAEL MEJER HOLDING ApS
Established
2011
Domicile
Gullestrup
Company form
Private limited company
Industry

About MICHAEL MEJER HOLDING ApS

MICHAEL MEJER HOLDING ApS (CVR number: 33778961) is a company from HERNING. The company recorded a gross profit of -16.2 kDKK in 2023. The operating profit was -16.2 kDKK, while net earnings were 4379.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.9 %, which can be considered excellent and Return on Equity (ROE) was 19.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 100 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MICHAEL MEJER HOLDING ApS's liquidity measured by quick ratio was 1589.8 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 sales35.00-1 050.00
Gross profit-16.00-1 059.00-12.95-12.04-16.23
EBIT-16.00-1 059.00-12.95-12.04-16.23
Net earnings216.00-1 151.003 326.124 033.144 379.94
Shareholders equity total15 551.0014 000.0017 026.0020 759.1324 739.07
Balance sheet total (assets)15 613.0014 015.0017 085.0320 770.6324 750.57
Net debt-13 028.00-12 586.00-12 079.39-14 370.77-18 091.53
Profitability
EBIT-%-45.7 %
ROA1.7 %-7.0 %22.5 %21.6 %19.9 %
ROE1.4 %-7.8 %21.4 %21.3 %19.3 %
ROI1.7 %-7.1 %22.6 %21.6 %19.9 %
Economic value added (EVA)276.44- 963.6510.30185.47252.86
Solvency
Equity ratio99.6 %99.9 %99.7 %99.9 %100.0 %
Gearing
Relative net indebtedness %-37045.7 %1197.2 %
Liquidity
Quick ratio214.8851.3208.81 270.11 589.8
Current ratio214.8851.3208.81 270.11 589.8
Cash and cash equivalents13 028.0012 586.0012 079.3914 370.7718 091.53
Capital use efficiency
Trade debtors turnover (days)
Net working capital %37874.3 %-1166.5 %
Credit risk
Credit ratingABBBAAAAAA

Variable visualization

ROA:19.9%
Rating: 74/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:100.0%
Rating: 99/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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