MICHAEL HONORÉ HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 29209715
Grydhøjparken 12, True 8381 Tilst

Company information

Official name
MICHAEL HONORÉ HOLDING ApS
Established
2005
Domicile
True
Company form
Private limited company
Industry

About MICHAEL HONORÉ HOLDING ApS

MICHAEL HONORÉ HOLDING ApS (CVR number: 29209715) is a company from AARHUS. The company recorded a gross profit of -126 kDKK in 2023. The operating profit was -126 kDKK, while net earnings were 4251 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.5 %, which can be considered decent and Return on Equity (ROE) was 6.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 97 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MICHAEL HONORÉ HOLDING ApS's liquidity measured by quick ratio was 9.9 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit- 734.97-3 149.60- 189.00- 120.00- 126.00
EBIT- 734.97-3 149.60- 189.00- 120.00- 126.00
Net earnings11 281.275 065.303 371.001 457.004 251.00
Shareholders equity total21 716.1346 003.3934 298.0064 679.0064 101.00
Balance sheet total (assets)42 108.8846 759.3937 246.0066 800.0066 107.00
Net debt19 487.75-37 805.58-18 798.00-19 520.00-16 669.00
Profitability
EBIT-%
ROA29.7 %12.7 %12.8 %3.6 %7.5 %
ROE67.1 %15.0 %8.4 %2.9 %6.6 %
ROI30.3 %12.8 %13.0 %3.6 %7.5 %
Economic value added (EVA)613.82-3 502.58- 426.20- 489.57-69.14
Solvency
Equity ratio51.6 %98.4 %92.1 %96.8 %97.0 %
Gearing89.7 %1.6 %4.3 %3.2 %3.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.159.410.014.19.9
Current ratio0.159.410.014.19.9
Cash and cash equivalents38 556.5820 262.0021 618.0018 651.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:7.51%
Rating: 50/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.0%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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