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MICHAEL KANSTRUP HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MICHAEL KANSTRUP HOLDING ApS
MICHAEL KANSTRUP HOLDING ApS (CVR number: 32097170) is a company from HELSINGØR. The company recorded a gross profit of -6.2 kDKK in 2024. The operating profit was -6.2 kDKK, while net earnings were -19.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.4 %, which can be considered weak but Return on Equity (ROE) was -4.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 37.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. MICHAEL KANSTRUP HOLDING ApS's liquidity measured by quick ratio was 1.6 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -7.50 | -6.25 | -6.25 | -6.25 | -6.25 |
| EBIT | -7.50 | -6.25 | -6.25 | -6.25 | -6.25 |
| Net earnings | 107.02 | -69.30 | 408.40 | 11.96 | -19.70 |
| Shareholders equity total | 68.60 | -0.70 | 407.70 | 419.66 | 399.96 |
| Balance sheet total (assets) | 402.71 | 418.61 | 1 054.42 | 1 066.38 | 1 078.71 |
| Net debt | -25.73 | -34.08 | -25.15 | -16.45 | -7.78 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 33.9 % | -16.4 % | 55.8 % | 1.4 % | 1.4 % |
| ROE | 68.0 % | -28.4 % | 98.8 % | 2.9 % | -4.8 % |
| ROI | 34.5 % | -16.6 % | 100.2 % | 3.5 % | 3.6 % |
| Economic value added (EVA) | -17.38 | -26.17 | -26.97 | -26.74 | -27.34 |
| Solvency | |||||
| Equity ratio | 17.0 % | -0.2 % | 38.7 % | 39.4 % | 37.1 % |
| Gearing | |||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 64.4 | 67.0 | 1.6 | 1.6 | 1.6 |
| Current ratio | 64.4 | 67.0 | 1.6 | 1.6 | 1.6 |
| Cash and cash equivalents | 25.73 | 34.08 | 25.15 | 16.45 | 7.78 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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