MIKAL HALLSTRUP HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About MIKAL HALLSTRUP HOLDING A/S
MIKAL HALLSTRUP HOLDING A/S (CVR number: 29246416) is a company from GENTOFTE. The company recorded a gross profit of -162.6 kDKK in 2023. The operating profit was -945 kDKK, while net earnings were 2569.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.8 %, which can be considered decent and Return on Equity (ROE) was 4.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 90.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MIKAL HALLSTRUP HOLDING A/S's liquidity measured by quick ratio was 10.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 353.00 | -86.08 | - 863.86 | - 257.41 | - 162.64 |
EBIT | - 413.00 | - 146.08 | -1 712.64 | -1 213.51 | - 945.02 |
Net earnings | 8 539.00 | 2 555.27 | 7 147.11 | -21 856.44 | 2 569.50 |
Shareholders equity total | 80 987.00 | 78 542.69 | 83 689.80 | 57 833.35 | 60 285.05 |
Balance sheet total (assets) | 82 091.00 | 82 446.76 | 90 221.43 | 65 206.96 | 66 408.02 |
Net debt | -68 041.00 | -58 899.93 | -58 704.84 | -39 640.70 | -42 193.71 |
Profitability | |||||
EBIT-% | |||||
ROA | 12.3 % | 4.9 % | 13.0 % | -9.9 % | 7.8 % |
ROE | 10.6 % | 3.2 % | 8.8 % | -30.9 % | 4.4 % |
ROI | 12.4 % | 4.9 % | 13.3 % | -10.2 % | 7.9 % |
Economic value added (EVA) | - 121.33 | - 116.07 | -1 584.77 | -1 628.77 | -1 538.50 |
Solvency | |||||
Equity ratio | 98.7 % | 95.3 % | 92.8 % | 88.7 % | 90.8 % |
Gearing | 3.7 % | 4.4 % | 9.6 % | 10.0 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 67.0 | 18.7 | 12.2 | 8.3 | 10.7 |
Current ratio | 67.0 | 18.7 | 12.2 | 8.3 | 10.7 |
Cash and cash equivalents | 68 041.00 | 61 772.23 | 62 428.08 | 45 188.21 | 48 235.53 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AA | AA | A | AA |
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