Michael Søndergaard Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Michael Søndergaard Holding ApS
Michael Søndergaard Holding ApS (CVR number: 41221828) is a company from KØBENHAVN. The company recorded a gross profit of -1.2 kDKK in 2023. The operating profit was -1.2 kDKK, while net earnings were -1.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.2 %, which can be considered poor and Return on Equity (ROE) was -3.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 62.2 %, 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 Søndergaard Holding ApS's liquidity measured by quick ratio was 1.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | -1.25 | -1.25 | -1.25 | -1.25 |
EBIT | -1.25 | -1.25 | -1.25 | -1.25 |
Net earnings | -0.97 | -0.97 | -1.80 | -1.25 |
Shareholders equity total | 39.02 | 38.05 | 36.25 | 35.00 |
Balance sheet total (assets) | 40.27 | 40.55 | 57.50 | 56.25 |
Net debt | -20.00 | -20.00 | 20.00 | 20.00 |
Profitability | ||||
EBIT-% | ||||
ROA | -3.1 % | -3.1 % | -2.5 % | -2.2 % |
ROE | -2.5 % | -2.5 % | -4.8 % | -3.5 % |
ROI | -3.2 % | -3.2 % | -2.7 % | -2.2 % |
Economic value added (EVA) | -1.25 | -1.20 | -1.15 | -2.07 |
Solvency | ||||
Equity ratio | 96.9 % | 93.8 % | 63.0 % | 62.2 % |
Gearing | 55.2 % | 57.1 % | ||
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 16.2 | 8.2 | 1.8 | 1.7 |
Current ratio | 16.2 | 8.2 | 1.8 | 1.7 |
Cash and cash equivalents | 20.00 | 20.00 | ||
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BBB | BBB | BB | BB |
Variable visualization
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