Michael Holm Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Michael Holm Holding ApS
Michael Holm Holding ApS (CVR number: 39391996K) is a company from AARHUS. The company reported a net sales of 1628.3 mDKK in 2024, demonstrating a growth of 13.9 % compared to the previous year. The operating profit percentage was at 20.1 % (EBIT: 326.6 mDKK), while net earnings were 280.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 24.1 %, which can be considered excellent and Return on Equity (ROE) was 168.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 70.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Michael Holm Holding ApS's liquidity measured by quick ratio was 3.6 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 103.68 | 1 287.35 | 1 324.33 | 1 430.06 | 1 628.31 |
Gross profit | 785.23 | 921.51 | 877.86 | 1 029.71 | 1 200.56 |
EBIT | 144.86 | 242.03 | 165.29 | 255.53 | 326.61 |
Net earnings | 117.90 | 197.91 | 118.69 | 211.62 | 280.08 |
Shareholders equity total | 616.75 | 798.65 | 881.69 | 1 055.55 | 1 177.98 |
Balance sheet total (assets) | 1 054.66 | 1 317.76 | 1 318.75 | 1 529.93 | 1 661.02 |
Net debt | - 885.62 | -1 086.79 | |||
Profitability | |||||
EBIT-% | 13.1 % | 18.8 % | 12.5 % | 17.9 % | 20.1 % |
ROA | 14.6 % | 20.4 % | 12.5 % | 20.2 % | 24.1 % |
ROE | 33.0 % | 28.0 % | 14.1 % | 40.5 % | 168.6 % |
ROI | 17.9 % | 20.4 % | 12.5 % | 23.9 % | 33.2 % |
Economic value added (EVA) | 137.22 | 211.04 | 125.16 | 154.27 | 239.24 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 69.0 % | 70.9 % |
Gearing | 0.2 % | 0.8 % | |||
Relative net indebtedness % | -31.4 % | -40.1 % | |||
Liquidity | |||||
Quick ratio | 3.2 | 3.6 | |||
Current ratio | 3.2 | 3.6 | |||
Cash and cash equivalents | 887.93 | 1 096.58 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 82.0 | 42.5 | |||
Net working capital % | 47.2 % | 42.7 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AAA | AA |
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