MICHAEL LINDH HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MICHAEL LINDH HOLDING ApS
MICHAEL LINDH HOLDING ApS (CVR number: 25831993) is a company from GREVE. The company recorded a gross profit of -2095.4 kDKK in 2023. The operating profit was -1934.1 kDKK, while net earnings were 8751.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.2 %, which can be considered decent but Return on Equity (ROE) was 8.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 69 %, 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. MICHAEL LINDH HOLDING ApS's liquidity measured by quick ratio was 2 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 | -2 315.59 | - 318.36 | - 649.90 | - 741.54 | -2 095.39 |
EBIT | -2 315.59 | - 318.36 | - 649.90 | -3 296.72 | -1 934.09 |
Net earnings | 120 565.89 | 26 827.85 | -87.43 | -43 220.58 | 8 751.48 |
Shareholders equity total | 143 996.70 | 169 224.55 | 165 885.11 | 110 789.54 | 97 436.01 |
Balance sheet total (assets) | 144 442.25 | 191 529.73 | 196 312.44 | 141 013.89 | 141 249.44 |
Net debt | -95 103.66 | - 126 156.42 | - 112 304.62 | -54 364.70 | -45 700.56 |
Profitability | |||||
EBIT-% | |||||
ROA | 134.1 % | 21.3 % | 0.4 % | 0.6 % | 7.2 % |
ROE | 133.7 % | 17.1 % | -0.1 % | -31.2 % | 8.4 % |
ROI | 134.5 % | 21.8 % | 0.4 % | 0.6 % | 7.2 % |
Economic value added (EVA) | -2 202.30 | -2 602.01 | -1 690.92 | -4 378.01 | -3 168.65 |
Solvency | |||||
Equity ratio | 99.7 % | 88.4 % | 84.5 % | 78.6 % | 69.0 % |
Gearing | 8.6 % | 18.1 % | 26.8 % | 43.8 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 240.8 | 6.9 | 5.0 | 3.1 | 2.0 |
Current ratio | 240.8 | 6.9 | 5.0 | 3.1 | 2.0 |
Cash and cash equivalents | 95 103.66 | 140 672.47 | 142 366.29 | 84 054.14 | 88 425.48 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | AA | AA | A | AA |
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