MICHAEL DRØGEMÜLLER ApS — Credit Rating and Financial Key Figures

CVR number: 19740234
Mynstersvej 5, 1827 Frederiksberg C
michael@drogemuller.dk
tel: 40253717

Credit rating

Company information

Official name
MICHAEL DRØGEMÜLLER ApS
Personnel
2 persons
Established
1996
Company form
Private limited company
Industry

About MICHAEL DRØGEMÜLLER ApS

MICHAEL DRØGEMÜLLER ApS (CVR number: 19740234) is a company from FREDERIKSBERG. The company recorded a gross profit of 1611.6 kDKK in 2024. The operating profit was 233.7 kDKK, while net earnings were 83.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2 %, which can be considered weak and Return on Equity (ROE) was 1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 67.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. MICHAEL DRØGEMÜLLER ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit1 402.371 468.191 840.62986.671 611.63
EBIT48.88108.49355.15- 197.54233.71
Net earnings30.35216.96860.38- 295.7283.38
Shareholders equity total7 510.337 620.298 355.677 986.957 953.33
Balance sheet total (assets)11 858.9712 427.1812 212.8411 935.8511 834.31
Net debt2 454.363 416.462 178.472 456.512 536.40
Profitability
EBIT-%
ROA0.4 %3.1 %9.6 %-1.6 %2.0 %
ROE0.4 %2.9 %10.8 %-3.6 %1.0 %
ROI0.4 %3.4 %10.0 %-1.7 %2.1 %
Economic value added (EVA)- 525.87- 462.85- 323.29- 743.86- 327.09
Solvency
Equity ratio63.3 %61.3 %68.4 %66.9 %67.2 %
Gearing32.8 %45.0 %29.7 %32.1 %32.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.01.00.70.20.1
Current ratio0.01.00.70.20.1
Cash and cash equivalents8.3711.10303.96107.097.46
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAABBBBBB

Variable visualization

ROA:1.97%
Rating: 30/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:67.2%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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