MICHAEL JØRGENSEN ApS — Credit Rating and Financial Key Figures

CVR number: 33365179
Møddebro Parkvej 72, 8355 Solbjerg
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Credit rating

Company information

Official name
MICHAEL JØRGENSEN ApS
Personnel
1 person
Established
2010
Company form
Private limited company
Industry

About MICHAEL JØRGENSEN ApS

MICHAEL JØRGENSEN ApS (CVR number: 33365179) is a company from AARHUS. The company recorded a gross profit of -41.6 kDKK in 2024. The operating profit was -291.6 kDKK, while net earnings were -1429.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.3 %, which can be considered weak but Return on Equity (ROE) was -6.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 98.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MICHAEL JØRGENSEN ApS's liquidity measured by quick ratio was 75.4 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 profit-2.32-3.62-4.34-10.52-41.55
EBIT- 202.32- 203.62- 204.34- 220.52- 291.55
Net earnings1 651.70102.23-23.781 801.07-1 429.13
Shareholders equity total22 962.2322 764.4721 440.6822 691.7518 862.62
Balance sheet total (assets)23 409.9922 903.4421 560.7423 274.7019 116.15
Net debt-23 315.74-22 684.95-21 348.44-23 069.73-18 803.18
Profitability
EBIT-%
ROA8.5 %0.6 %-0.1 %10.3 %2.3 %
ROE7.4 %0.4 %-0.1 %8.2 %-6.9 %
ROI8.5 %0.6 %-0.1 %10.4 %2.3 %
Economic value added (EVA)-1 266.96-1 317.12-1 354.55-1 255.93-1 437.91
Solvency
Equity ratio98.1 %99.4 %99.4 %97.5 %98.7 %
Gearing0.4 %0.5 %0.6 %0.5 %0.8 %
Relative net indebtedness %
Liquidity
Quick ratio52.3164.8179.639.975.4
Current ratio52.3164.8179.639.975.4
Cash and cash equivalents23 403.8322 810.1121 468.5123 191.1418 949.31
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:2.26%
Rating: 31/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.7%
Rating: 80/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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