Michael & Hussnedkeren A/S — Credit Rating and Financial Key Figures

CVR number: 37560952
Røndevej 15, Egsmark 8400 Ebeltoft
info@michaeloghussnedkeren.dk

Company information

Official name
Michael & Hussnedkeren A/S
Personnel
36 persons
Established
2016
Domicile
Egsmark
Company form
Limited company
Industry

About Michael & Hussnedkeren A/S

Michael & Hussnedkeren A/S (CVR number: 37560952) is a company from SYDDJURS. The company recorded a gross profit of 21.6 mDKK in 2024. The operating profit was 1949.6 kDKK, while net earnings were 1291.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.9 %, which can be considered good but Return on Equity (ROE) was 19.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 42.1 %, 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. Michael & Hussnedkeren A/S's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit9 060.2917 637.4516 895.5218 462.9221 641.94
EBIT1 349.473 883.521 243.422 126.151 949.65
Net earnings993.612 957.83844.801 468.511 291.54
Shareholders equity total2 677.865 385.695 004.496 223.007 264.54
Balance sheet total (assets)8 985.4112 488.1611 694.1115 569.3617 268.15
Net debt-2 095.71-1 763.78-2 091.58205.81- 110.01
Profitability
EBIT-%
ROA18.7 %36.2 %10.3 %15.6 %11.9 %
ROE45.6 %73.4 %16.3 %26.2 %19.2 %
ROI33.0 %58.9 %14.8 %22.2 %17.3 %
Economic value added (EVA)955.963 021.88816.851 527.621 238.35
Solvency
Equity ratio29.8 %43.1 %42.8 %40.4 %42.1 %
Gearing20.0 %19.1 %27.7 %25.0 %20.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.91.31.41.21.2
Current ratio0.91.41.61.31.3
Cash and cash equivalents2 630.522 791.933 480.071 350.401 569.87
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:11.9%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:42.1%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer

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