Michael N Andersen Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Michael N Andersen Holding ApS
Michael N Andersen Holding ApS (CVR number: 38512838) is a company from HERNING. The company recorded a gross profit of -9.2 kDKK in 2024. The operating profit was -9.2 kDKK, while net earnings were 99.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.8 %, which can be considered weak and Return on Equity (ROE) was 3.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Michael N Andersen Holding ApS's liquidity measured by quick ratio was 270.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -5.16 | -6.49 | -31.96 | -9.85 | -9.19 |
EBIT | -5.16 | -6.49 | -31.96 | -9.85 | -9.19 |
Net earnings | 882.35 | 1 443.39 | 956.82 | 448.56 | 99.82 |
Shareholders equity total | 57.63 | 1 301.03 | 2 257.84 | 2 647.50 | 2 597.33 |
Balance sheet total (assets) | 241.64 | 1 304.53 | 2 286.22 | 2 708.63 | 2 606.95 |
Net debt | - 118.34 | -1 181.23 | -2 035.77 | -2 708.63 | -2 595.91 |
Profitability | |||||
EBIT-% | |||||
ROA | 487.7 % | 187.0 % | 53.4 % | 18.0 % | 3.8 % |
ROE | 2000.3 % | 212.5 % | 53.8 % | 18.3 % | 3.8 % |
ROI | 2017.6 % | 212.9 % | 53.9 % | 18.3 % | 3.8 % |
Economic value added (EVA) | -6.69 | -9.39 | -97.34 | - 123.31 | - 142.22 |
Solvency | |||||
Equity ratio | 23.9 % | 99.7 % | 98.8 % | 97.7 % | 99.6 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.6 | 337.5 | 80.6 | 44.3 | 270.9 |
Current ratio | 0.6 | 337.5 | 80.6 | 44.3 | 270.9 |
Cash and cash equivalents | 118.34 | 1 181.23 | 2 035.77 | 2 708.63 | 2 595.91 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | BB |
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