MICHA A/S — Credit Rating and Financial Key Figures

CVR number: 38732919
Michael Jensens Vej 8, Tjørring 7400 Herning
hgh@micha.dk
tel: 96294300
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Company information

Official name
MICHA A/S
Personnel
19 persons
Established
1964
Domicile
Tjørring
Company form
Limited company
Industry

About MICHA A/S

MICHA A/S (CVR number: 38732919) is a company from HERNING. The company recorded a gross profit of 25.5 mDKK in 2024. The operating profit was 16.5 mDKK, while net earnings were 14.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 27.7 %, which can be considered excellent and Return on Equity (ROE) was 26.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 80.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MICHA A/S's liquidity measured by quick ratio was 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 profit19 755.0021 970.0015 349.0021 247.0025 471.00
EBIT9 986.0012 849.005 856.0012 767.0016 451.00
Net earnings6 550.0016 344.008 215.009 567.0014 783.00
Shareholders equity total34 859.0048 678.0045 665.0051 806.0060 590.00
Balance sheet total (assets)91 902.0065 753.0060 315.0067 298.0075 022.00
Net debt30 329.005 388.00-2 207.005 023.0049.00
Profitability
EBIT-%
ROA11.8 %26.5 %16.6 %21.5 %27.7 %
ROE13.8 %39.1 %17.4 %19.6 %26.3 %
ROI12.8 %29.6 %20.1 %25.9 %32.5 %
Economic value added (EVA)3 087.595 774.311 800.007 571.459 869.74
Solvency
Equity ratio37.9 %74.0 %75.7 %77.0 %80.8 %
Gearing134.7 %12.9 %0.6 %11.3 %1.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.43.42.83.54.0
Current ratio1.64.14.44.65.4
Cash and cash equivalents16 626.00911.002 460.00833.00923.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:27.7%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:80.8%
Rating: 60/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Director
Board member
Chairman of the board

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