Mikkel Rugaard Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Mikkel Rugaard Holding ApS
Mikkel Rugaard Holding ApS (CVR number: 41419237) is a company from KØBENHAVN. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was 0 kDKK, while net earnings were -22.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.1 %, which can be considered good but Return on Equity (ROE) was -21 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 70 %, 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. Mikkel Rugaard Holding ApS's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Volume | ||||
| Net sales | ||||
| Gross profit | ||||
| EBIT | ||||
| Net earnings | 64.23 | -3.05 | 19.53 | -22.90 |
| Shareholders equity total | 104.23 | 101.18 | 120.71 | 97.81 |
| Balance sheet total (assets) | 200.28 | 132.43 | 159.40 | 139.83 |
| Net debt | 1.01 | -40.52 | -33.98 | -10.33 |
| Profitability | ||||
| EBIT-% | ||||
| ROA | 32.6 % | 26.2 % | 20.3 % | 14.1 % |
| ROE | 61.6 % | -3.0 % | 17.6 % | -21.0 % |
| ROI | 32.6 % | -1.7 % | 13.8 % | -13.6 % |
| Economic value added (EVA) | 4.83 | 1.56 | 1.58 | |
| Solvency | ||||
| Equity ratio | 52.0 % | 76.4 % | 75.7 % | 70.0 % |
| Gearing | 92.2 % | 30.9 % | 27.3 % | 37.1 % |
| Relative net indebtedness % | ||||
| Liquidity | ||||
| Quick ratio | 1.0 | 2.3 | 1.7 | 1.1 |
| Current ratio | 1.0 | 2.3 | 1.7 | 1.1 |
| Cash and cash equivalents | 95.04 | 71.78 | 66.92 | 46.60 |
| Capital use efficiency | ||||
| Trade debtors turnover (days) | ||||
| Net working capital % | ||||
| Credit risk | ||||
| Credit rating | BBB | BBB | BBB | BBB |
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