MICH HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 28990936
Hejsager Strandvej 177, 6100 Haderslev

Company information

Official name
MICH HOLDING ApS
Personnel
1 person
Established
2005
Company form
Private limited company
Industry

About MICH HOLDING ApS

MICH HOLDING ApS (CVR number: 28990936) is a company from HADERSLEV. The company recorded a gross profit of 252.8 kDKK in 2023. The operating profit was -369.1 kDKK, while net earnings were -154.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.3 %, which can be considered weak but Return on Equity (ROE) was -1.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 58.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. MICH HOLDING ApS's liquidity measured by quick ratio was 4.8 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 profit154.00267.44271.27215.71252.81
EBIT-1 065.00- 887.57- 463.50- 346.45- 369.13
Net earnings- 893.00- 518.16294.71472.21- 154.73
Shareholders equity total23 525.0022 506.3921 304.7519 776.967 270.23
Balance sheet total (assets)29 264.0028 447.8627 042.3724 751.7112 471.18
Net debt115.00-2 467.80- 634.381 295.201 248.90
Profitability
EBIT-%
ROA-2.8 %-1.4 %1.2 %4.2 %0.3 %
ROE-3.7 %-2.3 %1.3 %2.3 %-1.1 %
ROI-2.8 %-1.4 %1.2 %4.2 %0.3 %
Economic value added (EVA)-1 498.05-1 997.59-1 489.36-1 342.90-1 344.65
Solvency
Equity ratio80.4 %79.1 %78.8 %79.9 %58.3 %
Gearing23.9 %25.6 %26.3 %24.0 %69.5 %
Relative net indebtedness %
Liquidity
Quick ratio59.742.256.028.44.8
Current ratio59.742.256.028.44.8
Cash and cash equivalents5 496.008 222.656 236.923 449.283 801.73
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:0.32%
Rating: 22/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:58.3%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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