T.A.MIKKELSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 35818537
Kærvejen 13, 7171 Uldum

Company information

Official name
T.A.MIKKELSEN HOLDING ApS
Established
2014
Company form
Private limited company
Industry

About T.A.MIKKELSEN HOLDING ApS

T.A.MIKKELSEN HOLDING ApS (CVR number: 35818537) is a company from HEDENSTED. The company reported a net sales of 0 mDKK in 2023, demonstrating a decline of -90.4 % compared to the previous year. The operating profit percentage was at 69.3 % (EBIT: 0 mDKK), while net earnings were 4.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.7 %, which can be considered weak and Return on Equity (ROE) was 0.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 76.8 %, 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. T.A.MIKKELSEN HOLDING ApS's liquidity measured by quick ratio was 1.8 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales212.00181.00285.00402.0038.76
Gross profit203.00166.00275.00391.0026.87
EBIT203.00166.00275.00391.0026.87
Net earnings226.00205.00252.00383.004.08
Shareholders equity total4 419.004 274.003 526.003 309.002 712.72
Balance sheet total (assets)4 564.004 804.004 347.004 112.003 531.27
Net debt- 684.00-68.00- 836.00-74.00-76.05
Profitability
EBIT-%95.8 %91.7 %96.5 %97.3 %69.3 %
ROA4.7 %4.7 %6.0 %9.8 %0.7 %
ROE5.2 %4.7 %6.5 %11.2 %0.1 %
ROI4.8 %4.9 %6.6 %11.7 %0.9 %
Economic value added (EVA)167.2555.60181.37357.64-26.50
Solvency
Equity ratio96.8 %89.0 %81.1 %80.5 %76.8 %
Gearing0.4 %8.8 %2.7 %5.2 %0.7 %
Relative net indebtedness %-261.8 %48.1 %-38.9 %138.3 %1865.6 %
Liquidity
Quick ratio20.25.73.02.61.8
Current ratio20.25.73.02.61.8
Cash and cash equivalents700.00443.00932.00247.0095.47
Capital use efficiency
Trade debtors turnover (days)
Net working capital %1315.1 %1386.2 %588.8 %325.6 %1739.1 %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:0.72%
Rating: 24/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:76.8%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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