MICHAEL SERRITZLEW ApS — Credit Rating and Financial Key Figures

CVR number: 30817982
Strandbakkevej 16, 3220 Tisvildeleje
Mserritzlew@live.dk
tel: 61714400

Credit rating

Company information

Official name
MICHAEL SERRITZLEW ApS
Personnel
1 person
Established
2007
Company form
Private limited company
Industry

About MICHAEL SERRITZLEW ApS

MICHAEL SERRITZLEW ApS (CVR number: 30817982) is a company from GRIBSKOV. The company recorded a gross profit of 1203.4 kDKK in 2023. The operating profit was 156.8 kDKK, while net earnings were 97.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.2 %, which can be considered good and Return on Equity (ROE) was 15 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 29.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. MICHAEL SERRITZLEW ApS's liquidity measured by quick ratio was 1.4 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 942.131 306.68985.041 469.241 203.45
EBIT187.04151.6089.43464.97156.78
Net earnings152.86109.0149.64344.1297.27
Shareholders equity total573.28532.28481.92776.04523.31
Balance sheet total (assets)1 873.311 378.511 115.931 727.951 775.83
Net debt- 375.3785.4846.65- 221.19- 234.38
Profitability
EBIT-%
ROA10.6 %9.6 %7.2 %32.7 %9.2 %
ROE17.5 %19.7 %9.8 %54.7 %15.0 %
ROI19.2 %18.7 %10.9 %48.5 %13.0 %
Economic value added (EVA)121.73120.9453.78347.92110.96
Solvency
Equity ratio30.6 %38.6 %43.2 %44.9 %29.5 %
Gearing43.9 %58.1 %65.7 %44.2 %155.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.51.61.71.4
Current ratio1.41.51.61.71.4
Cash and cash equivalents626.81223.84270.06564.421 049.64
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:9.15%
Rating: 55/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:29.5%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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