LARS MIKKELSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 28839456
Efeuvej 4, Rønne 3700 Rønne
lars@brendes.dk

Company information

Official name
LARS MIKKELSEN HOLDING ApS
Established
2005
Domicile
Rønne
Company form
Private limited company
Industry

About LARS MIKKELSEN HOLDING ApS

LARS MIKKELSEN HOLDING ApS (CVR number: 28839456) is a company from BORNHOLMS REGIONSKOMMUNE. The company recorded a gross profit of -12.5 kDKK in 2023. The operating profit was -12.5 kDKK, while net earnings were 710.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.5 %, which can be considered good and Return on Equity (ROE) was 12.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 81.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. LARS MIKKELSEN HOLDING ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales536.00472.00662.00
Gross profit521.00458.00649.00-13.13-12.50
EBIT521.00458.00649.00-13.13-12.50
Net earnings500.00444.00648.00642.16710.87
Shareholders equity total3 814.004 148.004 683.005 211.335 804.40
Balance sheet total (assets)5 791.005 488.006 346.006 521.447 129.34
Net debt1 144.001 200.001 503.001 087.831 088.92
Profitability
EBIT-%97.2 %97.0 %98.0 %
ROA10.8 %9.4 %12.5 %11.4 %11.5 %
ROE13.8 %11.2 %14.7 %13.0 %12.9 %
ROI10.8 %9.5 %12.9 %11.8 %11.9 %
Economic value added (EVA)521.66489.15704.0280.80121.01
Solvency
Equity ratio65.9 %75.6 %73.8 %79.9 %81.4 %
Gearing30.8 %28.9 %32.1 %20.9 %18.8 %
Relative net indebtedness %363.1 %283.9 %251.4 %
Liquidity
Quick ratio1.50.91.11.00.9
Current ratio1.50.91.11.00.9
Cash and cash equivalents31.00-1.000.050.05
Capital use efficiency
Trade debtors turnover (days)
Net working capital %96.5 %-24.2 %24.0 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:11.5%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:81.4%
Rating: 60/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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