Krongaard-Mikkelsen Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Krongaard-Mikkelsen Holding ApS
Krongaard-Mikkelsen Holding ApS (CVR number: 40079238) is a company from FAABORG-MIDTFYN. The company recorded a gross profit of -15.3 kDKK in 2024. The operating profit was -15.3 kDKK, while net earnings were 2229.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 41.5 %, which can be considered excellent and Return on Equity (ROE) was 41.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Krongaard-Mikkelsen Holding ApS's liquidity measured by quick ratio was 142.9 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 | -10.06 | -30.13 | -13.51 | -14.13 | -15.32 |
| EBIT | -10.06 | -30.13 | -13.51 | -14.13 | -15.32 |
| Net earnings | 155.27 | 900.05 | 2 772.21 | 1 426.34 | 2 229.40 |
| Shareholders equity total | 160.63 | 1 003.99 | 3 661.80 | 4 338.14 | 6 367.54 |
| Balance sheet total (assets) | 862.74 | 2 966.33 | 4 365.20 | 4 346.64 | 6 376.04 |
| Net debt | 693.61 | 1 953.84 | 694.08 | - 233.55 | -1 174.69 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 21.3 % | 48.4 % | 76.3 % | 32.0 % | 41.5 % |
| ROE | 187.1 % | 154.6 % | 118.8 % | 35.7 % | 41.6 % |
| ROI | 21.6 % | 48.7 % | 76.5 % | 32.1 % | 41.6 % |
| Economic value added (EVA) | -10.33 | -38.20 | 60.25 | 192.04 | 118.60 |
| Solvency | |||||
| Equity ratio | 18.6 % | 33.8 % | 83.9 % | 99.8 % | 99.9 % |
| Gearing | 431.8 % | 194.6 % | 19.0 % | ||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.1 | 0.5 | 32.0 | 142.9 | |
| Current ratio | 0.1 | 0.5 | 32.0 | 142.9 | |
| Cash and cash equivalents | 233.55 | 1 174.69 | |||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | A |
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