EJENDOMSSELSKABET MICHLAS ApS — Credit Rating and Financial Key Figures

CVR number: 19378446
Svendsgade 62, 6700 Esbjerg
info@agram.dk

Credit rating

Company information

Official name
EJENDOMSSELSKABET MICHLAS ApS
Established
1996
Company form
Private limited company
Industry

About EJENDOMSSELSKABET MICHLAS ApS

EJENDOMSSELSKABET MICHLAS ApS (CVR number: 19378446) is a company from ESBJERG. The company recorded a gross profit of 28 kDKK in 2024. The operating profit was 28 kDKK, while net earnings were 19.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.6 %, which can be considered weak and Return on Equity (ROE) was 1.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 50.7 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. EJENDOMSSELSKABET MICHLAS ApS's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit- 203.6687.6576.5169.4427.95
EBIT- 203.6687.6576.5169.4427.95
Net earnings- 181.58128.9099.3463.6019.46
Shareholders equity total866.15995.051 094.391 158.001 177.46
Balance sheet total (assets)2 354.052 263.762 318.672 455.512 322.29
Net debt857.57695.65667.88971.32841.02
Profitability
EBIT-%
ROA-9.5 %7.6 %5.9 %3.9 %1.6 %
ROE-19.0 %13.9 %9.5 %5.6 %1.7 %
ROI-10.8 %8.5 %6.2 %4.0 %1.7 %
Economic value added (EVA)- 233.84-32.85-46.00-59.34-97.99
Solvency
Equity ratio36.8 %44.0 %47.2 %47.2 %50.7 %
Gearing112.7 %90.4 %84.8 %83.9 %71.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.71.01.41.41.5
Current ratio0.71.01.41.41.5
Cash and cash equivalents118.18203.59259.83
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:1.64%
Rating: 28/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:50.7%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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