MEINERT KURT MIKKELSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 35646833
Engsøvænget 12, 7200 Grindsted

Credit rating

Company information

Official name
MEINERT KURT MIKKELSEN HOLDING ApS
Established
2014
Company form
Private limited company
Industry

About MEINERT KURT MIKKELSEN HOLDING ApS

MEINERT KURT MIKKELSEN HOLDING ApS (CVR number: 35646833) is a company from BILLUND. The company recorded a gross profit of -0.2 kDKK in 2024. The operating profit was -0.2 kDKK, while net earnings were 146.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.3 %, which can be considered excellent and Return on Equity (ROE) was 33.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 47 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. MEINERT KURT MIKKELSEN HOLDING ApS's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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-0.15-1.44-0.20
EBIT-0.15-1.44-0.20
Net earnings-22.4933.3465.14224.88146.66
Shareholders equity total69.54102.88138.02362.90509.56
Balance sheet total (assets)122.35155.69700.77938.571 083.73
Net debt-1.2148.49558.46397.29406.38
Profitability
EBIT-%
ROA-9.3 %24.0 %15.9 %31.1 %15.3 %
ROE-11.3 %38.7 %54.1 %89.8 %33.6 %
ROI-11.0 %29.2 %15.9 %31.6 %15.5 %
Economic value added (EVA)-16.60-3.65-7.98-36.49-45.97
Solvency
Equity ratio56.8 %66.1 %19.7 %38.7 %47.0 %
Gearing4.5 %51.3 %407.7 %151.0 %111.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.00.30.3
Current ratio0.10.10.00.30.3
Cash and cash equivalents4.344.324.29150.80163.25
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:15.3%
Rating: 67/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:47.0%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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