T.A.MIKKELSEN HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 212.00 | 181.00 | 285.00 | 402.00 | 38.76 |
Gross profit | 203.00 | 166.00 | 275.00 | 391.00 | 26.87 |
EBIT | 203.00 | 166.00 | 275.00 | 391.00 | 26.87 |
Net earnings | 226.00 | 205.00 | 252.00 | 383.00 | 4.08 |
Shareholders equity total | 4 419.00 | 4 274.00 | 3 526.00 | 3 309.00 | 2 712.72 |
Balance sheet total (assets) | 4 564.00 | 4 804.00 | 4 347.00 | 4 112.00 | 3 531.27 |
Net debt | - 684.00 | -68.00 | - 836.00 | -74.00 | -76.05 |
Profitability | |||||
EBIT-% | 95.8 % | 91.7 % | 96.5 % | 97.3 % | 69.3 % |
ROA | 4.7 % | 4.7 % | 6.0 % | 9.8 % | 0.7 % |
ROE | 5.2 % | 4.7 % | 6.5 % | 11.2 % | 0.1 % |
ROI | 4.8 % | 4.9 % | 6.6 % | 11.7 % | 0.9 % |
Economic value added (EVA) | 167.25 | 55.60 | 181.37 | 357.64 | -26.50 |
Solvency | |||||
Equity ratio | 96.8 % | 89.0 % | 81.1 % | 80.5 % | 76.8 % |
Gearing | 0.4 % | 8.8 % | 2.7 % | 5.2 % | 0.7 % |
Relative net indebtedness % | -261.8 % | 48.1 % | -38.9 % | 138.3 % | 1865.6 % |
Liquidity | |||||
Quick ratio | 20.2 | 5.7 | 3.0 | 2.6 | 1.8 |
Current ratio | 20.2 | 5.7 | 3.0 | 2.6 | 1.8 |
Cash and cash equivalents | 700.00 | 443.00 | 932.00 | 247.00 | 95.47 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 1315.1 % | 1386.2 % | 588.8 % | 325.6 % | 1739.1 % |
Credit risk | |||||
Credit rating | BBB | A | A | A | A |
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