MICHAEL MANDRUP HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 31374308
Niels Tvillings Vej 11, 9970 Strandby

Company information

Official name
MICHAEL MANDRUP HOLDING ApS
Established
2008
Company form
Private limited company
Industry

About MICHAEL MANDRUP HOLDING ApS

MICHAEL MANDRUP HOLDING ApS (CVR number: 31374308) is a company from FREDERIKSHAVN. The company recorded a gross profit of -5.9 kDKK in 2023. The operating profit was -5.9 kDKK, while net earnings were 754.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.9 %, which can be considered excellent and Return on Equity (ROE) was 23.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 98.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MICHAEL MANDRUP HOLDING ApS's liquidity measured by quick ratio was 59.2 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 sales880.07610.85
Gross profit875.57605.85-4.63-5.64-5.86
EBIT875.57605.85-4.63-5.64-5.86
Net earnings876.56605.67718.38672.16754.26
Shareholders equity total1 925.132 475.803 137.682 809.843 504.10
Balance sheet total (assets)1 989.552 525.513 628.263 413.923 542.10
Net debt- 302.18- 133.22-1 660.93-1 928.67-2 201.94
Profitability
EBIT-%99.5 %99.2 %
ROA53.5 %26.8 %23.4 %19.5 %21.9 %
ROE57.2 %27.5 %25.6 %22.6 %23.9 %
ROI56.5 %27.5 %23.6 %21.4 %24.2 %
Economic value added (EVA)893.31636.46-62.9656.2456.22
Solvency
Equity ratio96.8 %98.0 %86.5 %82.3 %98.9 %
Gearing15.1 %
Relative net indebtedness %-27.0 %-13.7 %
Liquidity
Quick ratio11.436.44.93.759.2
Current ratio11.436.44.93.759.2
Cash and cash equivalents302.18133.222 135.931 928.672 201.94
Capital use efficiency
Trade debtors turnover (days)
Net working capital %76.0 %287.9 %
Credit risk
Credit ratingBBBBBBAAAAAA

Variable visualization

ROA:21.9%
Rating: 77/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.9%
Rating: 83/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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