MICHAEL VELLING HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 33867077
Østre Boulevard 6 A, Dronningborg 8930 Randers NØ
Free credit report Annual report

Credit rating

Company information

Official name
MICHAEL VELLING HOLDING ApS
Established
2011
Domicile
Dronningborg
Company form
Private limited company
Industry

About MICHAEL VELLING HOLDING ApS

MICHAEL VELLING HOLDING ApS (CVR number: 33867077) is a company from RANDERS. The company recorded a gross profit of -12.6 kDKK in 2024. The operating profit was -12.6 kDKK, while net earnings were -336.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.2 %, which can be considered poor and Return on Equity (ROE) was -6.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 98.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MICHAEL VELLING HOLDING ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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-5.94-7.94-7.94-19.97-12.62
EBIT-5.94-7.94-7.94-19.97-12.62
Net earnings88.63- 156.17914.682 251.29- 336.33
Shareholders equity total3 061.602 848.933 706.415 898.804 782.47
Balance sheet total (assets)3 245.343 091.024 024.756 134.024 853.31
Net debt131.92230.21295.37220.5352.32
Profitability
EBIT-%
ROA2.9 %-4.8 %26.1 %44.7 %-5.2 %
ROE2.8 %-5.3 %27.9 %46.9 %-6.3 %
ROI2.9 %-4.9 %26.3 %44.8 %-5.2 %
Economic value added (EVA)- 170.40- 168.49- 160.62- 216.67- 320.12
Solvency
Equity ratio94.3 %92.2 %92.1 %96.2 %98.5 %
Gearing4.5 %8.1 %8.0 %3.7 %1.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.00.6
Current ratio0.00.00.00.6
Cash and cash equivalents5.980.940.708.88
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAABBB

Variable visualization

ROA:-5.19%
Rating: 15/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.5%
Rating: 80/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

CreditReports API
  • Company information
  • Financial data
  • Credit risk data
  • All 400,000+ Danish companies

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.