MICHAEL ANDREASEN A/S — Credit Rating and Financial Key Figures

CVR number: 29627940
Bøllemosevej 13, Uvelse 3550 Slangerup

Company information

Official name
MICHAEL ANDREASEN A/S
Personnel
5 persons
Established
2006
Domicile
Uvelse
Company form
Limited company
Industry

About MICHAEL ANDREASEN A/S

MICHAEL ANDREASEN A/S (CVR number: 29627940) is a company from HILLERØD. The company recorded a gross profit of 4024.4 kDKK in 2024. The operating profit was 570.1 kDKK, while net earnings were 196.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.5 %, which can be considered good but Return on Equity (ROE) was 4.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 73.1 %, 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 ANDREASEN A/S's liquidity measured by quick ratio was 3.5 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 profit3 515.073 784.003 391.914 430.904 024.39
EBIT399.11150.80-97.98817.53570.14
Net earnings681.8316.11- 256.66663.66196.83
Shareholders equity total4 551.364 454.474 083.414 629.274 704.10
Balance sheet total (assets)6 463.996 198.034 941.726 026.976 431.17
Net debt-2 222.09-2 680.84-2 393.51-3 563.95-1 625.05
Profitability
EBIT-%
ROA15.3 %5.3 %-1.1 %16.9 %10.5 %
ROE16.0 %0.4 %-6.0 %15.2 %4.2 %
ROI17.7 %6.5 %-1.3 %20.3 %12.3 %
Economic value added (EVA)60.62- 126.09- 325.29425.57171.82
Solvency
Equity ratio70.4 %71.9 %82.6 %76.8 %73.1 %
Gearing14.6 %8.5 %3.3 %2.0 %18.7 %
Relative net indebtedness %
Liquidity
Quick ratio2.72.64.53.23.5
Current ratio2.72.64.53.23.5
Cash and cash equivalents2 884.783 060.932 528.073 655.362 503.39
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBAA

Variable visualization

ROA:10.5%
Rating: 59/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:73.1%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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