MICHAEL KIRK HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 31190983
Tonysvej 45, 2920 Charlottenlund

Company information

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

About MICHAEL KIRK HOLDING ApS

MICHAEL KIRK HOLDING ApS (CVR number: 31190983) is a company from GENTOFTE. The company reported a net sales of 2.8 mDKK in 2023, demonstrating a decline of -28.6 % compared to the previous year. The operating profit percentage was at 99.1 % (EBIT: 2.8 mDKK), while net earnings were 3069 kDKK. The profitability of the company measured by Return on Assets (ROA) was 27.9 %, which can be considered excellent and Return on Equity (ROE) was 28.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 96.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MICHAEL KIRK HOLDING ApS's liquidity measured by quick ratio was 17.3 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales1 574.411 897.982 375.053 933.282 807.70
Gross profit1 559.941 885.282 356.813 909.092 783.28
EBIT1 559.941 885.282 356.813 909.092 783.28
Net earnings1 663.631 876.692 496.763 534.033 068.96
Shareholders equity total6 862.647 939.337 766.099 900.1211 469.08
Balance sheet total (assets)7 202.488 592.288 543.0110 741.7011 938.69
Net debt-1 327.62-2 373.45-2 939.57-3 973.70-6 707.02
Profitability
EBIT-%99.1 %99.3 %99.2 %99.4 %99.1 %
ROA23.6 %23.9 %29.9 %40.6 %27.9 %
ROE25.5 %25.4 %31.8 %40.0 %28.7 %
ROI26.0 %25.5 %32.6 %44.3 %29.6 %
Economic value added (EVA)1 524.011 880.452 408.804 094.442 913.84
Solvency
Equity ratio95.3 %92.4 %90.9 %92.2 %96.1 %
Gearing
Relative net indebtedness %-62.7 %-90.6 %-91.1 %-79.6 %-222.2 %
Liquidity
Quick ratio12.97.55.76.817.3
Current ratio12.97.55.76.817.3
Cash and cash equivalents1 327.622 373.452 939.573 973.706 707.02
Capital use efficiency
Trade debtors turnover (days)
Net working capital %220.3 %187.3 %115.2 %71.6 %114.4 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:27.9%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.1%
Rating: 77/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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