MICHELSEN EJENDOMME ApS — Credit Rating and Financial Key Figures

CVR number: 27771041
Engvangen 26, 8520 Lystrup
mogens@mejendomme.dk
tel: 40403389

Company information

Official name
MICHELSEN EJENDOMME ApS
Personnel
1 person
Established
2004
Company form
Private limited company
Industry

About MICHELSEN EJENDOMME ApS

MICHELSEN EJENDOMME ApS (CVR number: 27771041) is a company from AARHUS. The company recorded a gross profit of 424.4 kDKK in 2024. The operating profit was 310.8 kDKK, while net earnings were 129.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.4 %, which can be considered weak and Return on Equity (ROE) was 2.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 45.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. MICHELSEN EJENDOMME ApS's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit527.00452.00358.00621.00424.37
EBIT- 441.00781.00252.00505.00310.84
Net earnings283.00-75.00-98.00260.00129.76
Shareholders equity total6 023.005 835.005 738.005 997.006 126.80
Balance sheet total (assets)12 870.0013 857.0013 248.0013 541.0013 598.81
Net debt5 269.006 696.006 202.006 183.006 066.04
Profitability
EBIT-%
ROA2.5 %1.8 %0.9 %3.8 %2.4 %
ROE4.8 %-1.3 %-1.7 %4.4 %2.1 %
ROI2.5 %1.8 %0.9 %3.9 %2.4 %
Economic value added (EVA)- 803.72192.11- 311.67-58.83- 211.07
Solvency
Equity ratio46.9 %42.2 %43.4 %44.4 %45.1 %
Gearing91.3 %115.3 %108.1 %103.3 %100.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.40.20.40.4
Current ratio0.60.40.20.40.4
Cash and cash equivalents228.0029.0012.0097.83
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:2.42%
Rating: 32/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:45.1%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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