FRANK MICHELSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 26478510
Skolevænget 8 A, Nybøl 6400 Sønderborg
tel: 74468758

Company information

Official name
FRANK MICHELSEN HOLDING ApS
Personnel
1 person
Established
2001
Domicile
Nybøl
Company form
Private limited company
Industry

About FRANK MICHELSEN HOLDING ApS

FRANK MICHELSEN HOLDING ApS (CVR number: 26478510) is a company from SØNDERBORG. The company recorded a gross profit of -169 kDKK in 2024. The operating profit was -714.1 kDKK, while net earnings were 783.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.4 %, which can be considered good but Return on Equity (ROE) was 6.4 %, 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. FRANK MICHELSEN HOLDING ApS's liquidity measured by quick ratio was 65 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-28.12-27.81-32.41- 119.53- 168.99
EBIT-28.12-27.81-32.41- 384.90- 714.13
Net earnings1 076.4473.26858.641 152.47783.59
Shareholders equity total10 046.989 920.2410 721.6811 815.2512 537.84
Balance sheet total (assets)10 181.0310 072.2310 993.2912 035.2112 926.41
Net debt-9 011.77-8 535.38-9 526.99-11 696.37-12 368.97
Profitability
EBIT-%
ROA13.8 %2.6 %10.7 %15.9 %8.4 %
ROE11.2 %0.7 %8.3 %10.2 %6.4 %
ROI13.8 %2.6 %10.7 %16.1 %8.6 %
Economic value added (EVA)- 482.78- 531.44- 530.90- 850.38-1 148.47
Solvency
Equity ratio98.7 %98.5 %97.5 %98.2 %97.0 %
Gearing1.2 %1.5 %2.4 %1.5 %
Relative net indebtedness %
Liquidity
Quick ratio68.558.436.053.865.0
Current ratio68.558.436.054.165.1
Cash and cash equivalents9 130.708 681.379 786.6111 696.3712 560.47
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:8.44%
Rating: 53/100
-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

Roles

Chief executive officer

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