Michael B. ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Michael B. ApS
Michael B. ApS (CVR number: 39191555) is a company from NÆSTVED. The company recorded a gross profit of 236 kDKK in 2024. The operating profit was 34.7 kDKK, while net earnings were -54.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.6 %, which can be considered good but Return on Equity (ROE) was -23.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 72.6 %, 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 B. ApS's liquidity measured by quick ratio was 1.2 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 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 291.41 | 132.56 | 130.24 | 146.01 | 236.05 |
EBIT | 16.45 | 75.60 | 6.14 | 8.71 | 34.70 |
Net earnings | 11.51 | 55.38 | 54.52 | 139.88 | -54.73 |
Shareholders equity total | 14.72 | 70.10 | 124.61 | 264.50 | 209.77 |
Balance sheet total (assets) | 265.97 | 228.12 | 266.04 | 363.96 | 288.87 |
Net debt | -90.05 | -57.74 | -60.44 | -52.43 | -38.42 |
Profitability | |||||
EBIT-% | |||||
ROA | 9.2 % | 29.3 % | 27.2 % | 61.7 % | 10.6 % |
ROE | 128.4 % | 130.6 % | 56.0 % | 71.9 % | -23.1 % |
ROI | 201.6 % | 170.5 % | 68.9 % | 99.9 % | 14.6 % |
Economic value added (EVA) | 13.01 | 57.40 | 1.74 | 0.34 | 16.25 |
Solvency | |||||
Equity ratio | 5.5 % | 30.7 % | 46.8 % | 72.7 % | 72.6 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.4 | 0.5 | 0.5 | 0.5 | 1.2 |
Current ratio | 0.4 | 0.5 | 0.5 | 0.5 | 1.2 |
Cash and cash equivalents | 90.05 | 57.74 | 60.44 | 52.43 | 38.42 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | B | BB | BB | BB |
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