MICH HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 154.00 | 267.44 | 271.27 | 215.71 | 252.81 |
EBIT | -1 065.00 | - 887.57 | - 463.50 | - 346.45 | - 369.13 |
Net earnings | - 893.00 | - 518.16 | 294.71 | 472.21 | - 154.73 |
Shareholders equity total | 23 525.00 | 22 506.39 | 21 304.75 | 19 776.96 | 7 270.23 |
Balance sheet total (assets) | 29 264.00 | 28 447.86 | 27 042.37 | 24 751.71 | 12 471.18 |
Net debt | 115.00 | -2 467.80 | - 634.38 | 1 295.20 | 1 248.90 |
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 ratio | 80.4 % | 79.1 % | 78.8 % | 79.9 % | 58.3 % |
Gearing | 23.9 % | 25.6 % | 26.3 % | 24.0 % | 69.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 59.7 | 42.2 | 56.0 | 28.4 | 4.8 |
Current ratio | 59.7 | 42.2 | 56.0 | 28.4 | 4.8 |
Cash and cash equivalents | 5 496.00 | 8 222.65 | 6 236.92 | 3 449.28 | 3 801.73 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | A |
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