MICHAEL RATJE HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 32100570
D B Dirchsens Alle 29, 2791 Dragør
michael@ratje.dk
tel: 20720222

Company information

Official name
MICHAEL RATJE HOLDING ApS
Personnel
1 person
Established
2009
Company form
Private limited company
Industry

About MICHAEL RATJE HOLDING ApS

MICHAEL RATJE HOLDING ApS (CVR number: 32100570) is a company from DRAGØR. The company reported a net sales of 0 mDKK in 2023, demonstrating a decline of -65.9 % compared to the previous year. The operating profit percentage was poor at -1369.8 % (EBIT: -0.4 mDKK), while net earnings were 2888.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.7 %, which can be considered good but Return on Equity (ROE) was 6.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 99.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MICHAEL RATJE HOLDING ApS's liquidity measured by quick ratio was 134.4 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales170.96139.0375.4725.71
Gross profit- 457.5466.20- 431.45-16.89-50.15
EBIT- 574.29- 285.58- 783.40- 368.94- 352.18
Net earnings254.628 884.14148.39- 213.342 888.21
Shareholders equity total40 653.3952 114.2949 762.6846 549.3346 937.55
Balance sheet total (assets)40 685.7053 377.9150 200.2746 581.6347 262.23
Net debt-39 018.31-47 989.16-45 116.36-41 681.14-42 667.27
Profitability
EBIT-%-167.0 %-563.5 %-488.9 %-1369.8 %
ROA9.0 %22.8 %2.1 %6.7 %10.7 %
ROE0.6 %19.2 %0.3 %-0.4 %6.2 %
ROI9.1 %23.1 %2.1 %6.7 %10.7 %
Economic value added (EVA)- 562.99- 319.88- 798.57- 340.92- 366.38
Solvency
Equity ratio99.9 %97.6 %99.1 %99.9 %99.3 %
Gearing0.7 %
Relative net indebtedness %-27330.8 %-32388.0 %-55187.4 %-164686.6 %
Liquidity
Quick ratio1 259.539.3105.81 330.3134.4
Current ratio1 259.539.3105.81 330.3134.4
Cash and cash equivalents39 018.3147 989.1645 466.3641 681.1442 667.27
Capital use efficiency
Trade debtors turnover (days)
Net working capital %1264.6 %3305.6 %4650.4 %6406.8 %
Credit risk
Credit ratingBBBAAAAAA

Variable visualization

ROA:10.7%
Rating: 59/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.3%
Rating: 89/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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