MIKAEL WETTER HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 35417710
Østervang 10, 9500 Hobro
ilse@wettertransport.dk
tel: 25332560

Company information

Official name
MIKAEL WETTER HOLDING ApS
Established
2013
Company form
Private limited company
Industry

About MIKAEL WETTER HOLDING ApS

MIKAEL WETTER HOLDING ApS (CVR number: 35417710) is a company from MARIAGERFJORD. The company recorded a gross profit of -32.5 kDKK in 2023. The operating profit was -32.5 kDKK, while net earnings were 4575.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.5 %, which can be considered good and Return on Equity (ROE) was 9.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 96.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MIKAEL WETTER HOLDING ApS's liquidity measured by quick ratio was 44.9 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-74.27-64.02- 116.17-37.84-32.50
EBIT-74.27-64.02- 116.17-37.84-32.50
Net earnings3 371.894 881.828 581.117 708.804 575.24
Shareholders equity total24 760.4529 586.9738 111.5845 763.1848 338.42
Balance sheet total (assets)26 107.8431 575.6941 956.7549 116.6650 044.36
Net debt-9 623.01-12 660.72-11 024.29-6 561.51-9 913.95
Profitability
EBIT-%
ROA14.7 %17.5 %23.6 %17.2 %10.5 %
ROE14.6 %18.0 %25.4 %18.4 %9.7 %
ROI15.5 %18.6 %25.6 %18.7 %11.0 %
Economic value added (EVA)347.9184.37-18.27435.65-38.06
Solvency
Equity ratio94.8 %93.7 %90.8 %93.2 %96.6 %
Gearing0.8 %
Relative net indebtedness %
Liquidity
Quick ratio472.1169.925.210.144.9
Current ratio472.1169.925.210.144.9
Cash and cash equivalents9 623.0112 660.7211 024.296 561.5110 290.18
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:10.5%
Rating: 59/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.6%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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