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MICHAEL ERIKSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 28283776
Stranden 5 A, Rebæk 6000 Kolding
tel: 75534164

Company information

Official name
MICHAEL ERIKSEN HOLDING ApS
Established
2004
Domicile
Rebæk
Company form
Private limited company
Industry

About MICHAEL ERIKSEN HOLDING ApS

MICHAEL ERIKSEN HOLDING ApS (CVR number: 28283776) is a company from KOLDING. The company recorded a gross profit of 16.7 kDKK in 2024. The operating profit was -122.9 kDKK, while net earnings were 3867.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.7 %, which can be considered decent and Return on Equity (ROE) was 7.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 85.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MICHAEL ERIKSEN HOLDING ApS's liquidity measured by quick ratio was 5.3 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-29.02- 109.67- 217.402.2716.71
EBIT-29.02- 109.67- 217.40-32.59- 122.88
Net earnings12 530.8312 993.19377.60428.943 867.16
Shareholders equity total39 067.2351 854.9852 232.5752 447.3356 314.49
Balance sheet total (assets)41 529.5352 018.3352 339.1955 344.6366 188.86
Net debt-10 978.78-27 699.38-16 072.76-10 205.35-28 281.46
Profitability
EBIT-%
ROA36.5 %-24.3 %1.5 %3.4 %6.7 %
ROE38.1 %28.6 %0.7 %0.8 %7.1 %
ROI37.9 %28.6 %1.5 %1.0 %7.0 %
Economic value added (EVA)-1 373.91-2 100.07-2 826.50-2 658.74-2 744.19
Solvency
Equity ratio94.1 %99.7 %99.8 %94.8 %85.1 %
Gearing1.4 %0.1 %0.1 %0.4 %12.4 %
Relative net indebtedness %
Liquidity
Quick ratio35.9197.5295.612.35.3
Current ratio35.9197.5295.612.35.3
Cash and cash equivalents11 525.0327 766.8716 140.2510 429.1935 254.47
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:6.67%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:85.1%
Rating: 65/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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