PREBEN JOHAN MICHELSENS FOND — Credit Rating and Financial Key Figures

CVR number: 20393033
Store Kongensgade 59 A, 1264 København K

Company information

Official name
PREBEN JOHAN MICHELSENS FOND
Personnel
1 person
Established
1999
Industry

About PREBEN JOHAN MICHELSENS FOND

PREBEN JOHAN MICHELSENS FOND (CVR number: 20393033) is a company from KØBENHAVN. The company recorded a gross profit of 497.9 kDKK in 2024. The operating profit was 481.8 kDKK, while net earnings were 425.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.7 %, which can be considered weak and Return on Equity (ROE) was 1.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 95.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. PREBEN JOHAN MICHELSENS FOND'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 profit380.00224.00104.00319.00497.90
EBIT2 215.002 059.00999.001 391.00481.75
Net earnings2 205.002 065.00979.001 331.00425.78
Shareholders equity total22 362.0024 375.0025 354.0026 685.0027 120.99
Balance sheet total (assets)22 833.0024 963.0026 378.0028 548.0028 363.89
Net debt- 205.00- 413.00473.001 135.00497.32
Profitability
EBIT-%
ROA10.2 %8.7 %3.9 %5.1 %1.7 %
ROE10.3 %8.8 %3.9 %5.1 %1.6 %
ROI10.2 %8.8 %3.9 %5.1 %1.7 %
Economic value added (EVA)1 192.11935.31- 225.8493.14- 916.20
Solvency
Equity ratio97.9 %97.6 %96.1 %93.5 %95.6 %
Gearing1.9 %4.3 %1.8 %
Relative net indebtedness %
Liquidity
Quick ratio4.93.20.70.40.1
Current ratio4.93.20.70.40.1
Cash and cash equivalents205.00413.001.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:1.70%
Rating: 29/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.6%
Rating: 77/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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