MICHAEL LUNDBECH A/S — Credit Rating and Financial Key Figures

CVR number: 26473756
Bragesvej 5, 4100 Ringsted
kontakt@michaellundbech.dk
tel: 57610964
www.michaellundbech.dk
Free credit report Annual report

Credit rating

Company information

Official name
MICHAEL LUNDBECH A/S
Personnel
40 persons
Established
2002
Company form
Limited company
Industry

About MICHAEL LUNDBECH A/S

MICHAEL LUNDBECH A/S (CVR number: 26473756) is a company from RINGSTED. The company recorded a gross profit of 19.9 mDKK in 2024. The operating profit was 1024.7 kDKK, while net earnings were 154.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.7 %, which can be considered decent and Return on Equity (ROE) was 4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 17.8 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. MICHAEL LUNDBECH A/S's liquidity measured by quick ratio was 1 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit19 643.6820 827.3117 024.3019 845.6319 908.99
EBIT309.641 452.23-1 755.951 690.951 024.71
Net earnings12.26947.73-1 536.53873.09154.82
Shareholders equity total3 498.684 446.412 909.883 782.973 937.80
Balance sheet total (assets)21 983.7121 412.3920 968.8520 221.0225 457.83
Net debt1 166.151 714.007 225.134 956.286 716.22
Profitability
EBIT-%
ROA1.9 %7.1 %-8.3 %8.2 %4.7 %
ROE0.4 %23.9 %-41.8 %26.1 %4.0 %
ROI2.9 %11.7 %-11.9 %11.4 %7.7 %
Economic value added (EVA)- 405.40517.89-1 954.10564.04139.08
Solvency
Equity ratio15.9 %20.9 %13.9 %18.7 %17.8 %
Gearing49.6 %44.2 %250.7 %131.1 %174.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.81.00.50.61.0
Current ratio0.81.00.80.90.9
Cash and cash equivalents570.18251.4469.292.08149.09
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBABBB

Variable visualization

ROA:4.66%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:17.8%
Rating: 17/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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