MICHAEL WINTHER HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 28333048
Thorsvej 17, 8850 Bjerringbro

Company information

Official name
MICHAEL WINTHER HOLDING ApS
Established
2005
Company form
Private limited company
Industry

About MICHAEL WINTHER HOLDING ApS

MICHAEL WINTHER HOLDING ApS (CVR number: 28333048) is a company from VIBORG. The company recorded a gross profit of -145.2 kDKK in 2023. The operating profit was -145.2 kDKK, while net earnings were 2411.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5 %, which can be considered decent and Return on Equity (ROE) was 4.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 98.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MICHAEL WINTHER HOLDING ApS's liquidity measured by quick ratio was 50.2 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit- 193.06- 245.45- 172.83- 141.11- 145.22
EBIT- 193.06- 245.45- 172.83- 141.11- 145.22
Net earnings5 333.8719 885.724 444.987 740.812 411.08
Shareholders equity total25 532.4644 418.1843 763.1650 203.9651 615.05
Balance sheet total (assets)26 742.4946 904.2745 037.2551 030.5352 255.67
Net debt-6 664.78-8 248.84-5.6732.80- 278.78
Profitability
EBIT-%
ROA21.7 %55.1 %10.3 %16.4 %5.0 %
ROE23.1 %56.9 %10.1 %16.5 %4.7 %
ROI23.2 %57.7 %10.6 %16.8 %5.0 %
Economic value added (EVA)- 154.36- 886.34- 319.84- 893.13- 805.99
Solvency
Equity ratio95.5 %94.7 %97.2 %98.4 %98.8 %
Gearing0.0 %0.7 %0.2 %0.2 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio17.910.021.833.650.2
Current ratio17.910.021.833.650.2
Cash and cash equivalents6 667.178 578.22110.3367.18293.43
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:4.97%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.8%
Rating: 81/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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