MIKAEL JØRGENSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 25489926
Fiskergade 7, 5300 Kerteminde
olivia.j@blitek.dk
tel: 40801952

Company information

Official name
MIKAEL JØRGENSEN HOLDING ApS
Established
2000
Company form
Private limited company
Industry

About MIKAEL JØRGENSEN HOLDING ApS

MIKAEL JØRGENSEN HOLDING ApS (CVR number: 25489926) is a company from KERTEMINDE. The company recorded a gross profit of -7.1 kDKK in 2024. The operating profit was -7.1 kDKK, while net earnings were 1539.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.2 %, which can be considered excellent and Return on Equity (ROE) was 18 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 81.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MIKAEL JØRGENSEN HOLDING ApS'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 profit-15.63-13.30-7.05-7.09-7.05
EBIT-15.63-13.30-7.05-7.09-7.05
Net earnings1 114.97475.40161.641 224.771 539.45
Shareholders equity total6 510.866 929.767 034.208 200.088 889.53
Balance sheet total (assets)10 378.519 453.389 714.549 541.5910 895.41
Net debt2 689.141 283.971 382.84371.23153.07
Profitability
EBIT-%
ROA11.6 %5.2 %2.7 %13.0 %15.2 %
ROE18.6 %7.1 %2.3 %16.1 %18.0 %
ROI11.7 %5.5 %3.1 %13.9 %15.6 %
Economic value added (EVA)- 486.58- 530.41- 428.33- 427.99- 483.28
Solvency
Equity ratio62.7 %73.3 %72.4 %85.9 %81.6 %
Gearing59.2 %20.8 %19.7 %15.9 %17.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.50.70.91.0
Current ratio0.60.50.70.91.0
Cash and cash equivalents1 167.55157.43933.561 366.43
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:15.2%
Rating: 66/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:81.6%
Rating: 61/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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