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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 -3.1 kDKK in 2025. The operating profit was -3.1 kDKK, while net earnings were 570.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.7 %, which can be considered good and Return on Equity (ROE) was 10 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 85.7 %, 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 2.3 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
2021
2022
2023
2024
2025
Volume
Net sales
Gross profit-2.58-3.41-3.14-2.86-3.10
EBIT-2.58-3.41-3.14-2.86-3.10
Net earnings529.66594.82746.97759.58570.05
Shareholders equity total3 505.984 043.604 731.675 430.265 932.81
Balance sheet total (assets)4 600.015 202.695 990.836 419.826 918.80
Net debt849.77908.25970.28931.64952.97
Profitability
EBIT-%
ROA13.9 %12.4 %13.6 %12.6 %8.7 %
ROE16.2 %15.8 %17.0 %14.9 %10.0 %
ROI14.3 %12.7 %13.9 %12.8 %8.7 %
Economic value added (EVA)- 154.41- 229.72- 258.62- 294.97- 324.67
Solvency
Equity ratio76.2 %77.7 %79.0 %84.6 %85.7 %
Gearing28.9 %26.1 %23.2 %18.1 %16.6 %
Relative net indebtedness %
Liquidity
Quick ratio2.32.22.12.42.3
Current ratio2.32.22.12.42.3
Cash and cash equivalents164.43147.70128.6851.8530.52
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:8.70%
Rating: 53/100
-20%
0%
4%
11%
24%
60%
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Equity ratio:85.7%
Rating: 65/100
-1%
21%
50%
81%
99%
100%
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Roles

Chairman of the board

Companies in the same industry

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