MICHAEL GERTSEN FINANS ApS — Credit Rating and Financial Key Figures

CVR number: 20867280
Søndergade 1, 8881 Thorsø
michaelgertsen@gmail.com
tel: 86967878
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Company information

Official name
MICHAEL GERTSEN FINANS ApS
Established
1998
Company form
Private limited company
Industry

About MICHAEL GERTSEN FINANS ApS

MICHAEL GERTSEN FINANS ApS (CVR number: 20867280) is a company from FAVRSKOV. The company recorded a gross profit of 482.2 kDKK in 2024. The operating profit was 154 kDKK, while net earnings were 650.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.2 %, which can be considered decent and Return on Equity (ROE) was 4.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 81.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MICHAEL GERTSEN FINANS ApS's liquidity measured by quick ratio was 2.6 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit787.40511.48424.291 083.27482.21
EBIT225.78164.43-76.87761.52154.02
Net earnings2 815.14788.44180.151 163.03650.31
Shareholders equity total14 371.9914 960.4314 940.5815 903.6115 953.92
Balance sheet total (assets)17 192.2017 232.5218 717.1817 792.8819 638.50
Net debt1 803.151 833.602 809.58-1 680.012 836.39
Profitability
EBIT-%
ROA18.0 %5.5 %2.8 %7.1 %4.2 %
ROE21.5 %5.4 %1.2 %7.5 %4.1 %
ROI18.8 %5.6 %2.6 %7.2 %4.3 %
Economic value added (EVA)- 645.11- 701.11- 903.71- 177.24- 762.45
Solvency
Equity ratio83.6 %86.8 %79.8 %89.4 %81.2 %
Gearing14.1 %13.0 %19.4 %10.3 %17.8 %
Relative net indebtedness %
Liquidity
Quick ratio3.97.92.016.22.6
Current ratio3.97.92.016.22.6
Cash and cash equivalents222.96104.0489.263 317.71
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:4.20%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:81.2%
Rating: 60/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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