MICHAEL NØRHOLM HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 31879000
Danmarksgade 3, 7430 Ikast
tel: 97153399
Free credit report Annual report

Company information

Official name
MICHAEL NØRHOLM HOLDING A/S
Established
2008
Company form
Limited company
Industry

About MICHAEL NØRHOLM HOLDING A/S

MICHAEL NØRHOLM HOLDING A/S (CVR number: 31879000) is a company from IKAST-BRANDE. The company recorded a gross profit of -2.9 kDKK in 2024. The operating profit was -2.9 kDKK, while net earnings were 759.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.6 %, which can be considered good and Return on Equity (ROE) was 14.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 84.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MICHAEL NØRHOLM HOLDING A/S's liquidity measured by quick ratio was 2.4 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-2.46-2.58-3.41-3.14-2.86
EBIT-2.46-2.58-3.41-3.14-2.86
Net earnings183.60529.66594.82746.97759.58
Shareholders equity total3 032.823 505.984 043.604 731.675 430.26
Balance sheet total (assets)3 164.684 600.015 202.695 990.836 419.82
Net debt-47.10849.77908.25970.28931.64
Profitability
EBIT-%
ROA6.0 %13.9 %12.4 %13.6 %12.6 %
ROE6.2 %16.2 %15.8 %17.0 %14.9 %
ROI6.3 %14.3 %12.7 %13.9 %12.8 %
Economic value added (EVA)- 148.34- 154.41- 229.72- 258.62- 294.97
Solvency
Equity ratio95.8 %76.2 %77.7 %79.0 %84.6 %
Gearing28.9 %26.1 %23.2 %18.1 %
Relative net indebtedness %
Liquidity
Quick ratio13.82.32.22.12.4
Current ratio13.82.32.22.12.4
Cash and cash equivalents47.10164.43147.70128.6851.85
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:12.6%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:84.6%
Rating: 64/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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