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Snedker- og Tømrermester Lars Elias Michelsen ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Snedker- og Tømrermester Lars Elias Michelsen ApS
Snedker- og Tømrermester Lars Elias Michelsen ApS (CVR number: 42528552) is a company from HELSINGØR. The company recorded a gross profit of 187.7 kDKK in 2025. The operating profit was -380.1 kDKK, while net earnings were -307.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -62.5 %, which can be considered poor and Return on Equity (ROE) was -82 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 49.7 %, 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. Snedker- og Tømrermester Lars Elias Michelsen ApS's liquidity measured by quick ratio was 0.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Volume | ||||
| Net sales | ||||
| Gross profit | 323.05 | 497.67 | 530.72 | 187.71 |
| EBIT | 261.24 | 408.65 | -2.60 | - 380.06 |
| Net earnings | 199.31 | 312.00 | -22.04 | - 307.73 |
| Shareholders equity total | 239.31 | 551.30 | 529.26 | 221.53 |
| Balance sheet total (assets) | 442.92 | 777.62 | 767.17 | 445.92 |
| Net debt | -52.02 | - 331.94 | - 224.75 | -18.19 |
| Profitability | ||||
| EBIT-% | ||||
| ROA | 59.0 % | 67.0 % | -0.3 % | -62.5 % |
| ROE | 83.3 % | 78.9 % | -4.1 % | -82.0 % |
| ROI | 104.2 % | 96.3 % | -0.4 % | -95.4 % |
| Economic value added (EVA) | 203.79 | 304.14 | -32.34 | - 325.55 |
| Solvency | ||||
| Equity ratio | 54.0 % | 70.9 % | 69.0 % | 49.7 % |
| Gearing | ||||
| Relative net indebtedness % | ||||
| Liquidity | ||||
| Quick ratio | 0.4 | 2.7 | 2.0 | 0.8 |
| Current ratio | 0.4 | 2.7 | 2.0 | 0.8 |
| Cash and cash equivalents | 52.02 | 331.94 | 224.75 | 18.19 |
| Capital use efficiency | ||||
| Trade debtors turnover (days) | ||||
| Net working capital % | ||||
| Credit risk | ||||
| Credit rating | BB | BB | BB | B |
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