Michael Dansk ApS
Credit rating
Company information
About Michael Dansk ApS
Michael Dansk ApS (CVR number: 40081437) is a company from KØBENHAVN. The company recorded a gross profit of 505.8 kDKK in 2023. The operating profit was -108.9 kDKK, while net earnings were -85.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -36.8 %, which can be considered poor and Return on Equity (ROE) was -46.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 61.1 %, 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 Dansk ApS's liquidity measured by quick ratio was 2.3 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 563.54 | 620.63 | 751.70 | 640.85 | 505.84 |
EBIT | 56.54 | 89.44 | 125.79 | 47.53 | - 108.95 |
Net earnings | 42.13 | 70.77 | 92.71 | 21.98 | -85.64 |
Shareholders equity total | 42.23 | 113.00 | 205.50 | 227.48 | 141.84 |
Balance sheet total (assets) | 73.49 | 258.59 | 320.06 | 360.34 | 232.17 |
Net debt | -63.13 | - 213.33 | - 197.29 | - 210.18 | - 123.59 |
Profitability | |||||
EBIT-% | |||||
ROA | 76.9 % | 53.9 % | 43.5 % | 14.0 % | -36.8 % |
ROE | 99.8 % | 91.2 % | 58.2 % | 10.2 % | -46.4 % |
ROI | 133.9 % | 115.2 % | 75.9 % | 20.2 % | -55.3 % |
Economic value added (EVA) | 42.19 | 72.34 | 99.31 | 33.98 | -85.90 |
Solvency | |||||
Equity ratio | 57.5 % | 43.7 % | 64.2 % | 63.1 % | 61.1 % |
Gearing | 0.0 % | 6.3 % | 5.7 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.4 | 1.8 | 2.6 | 2.4 | 2.3 |
Current ratio | 2.4 | 1.8 | 2.6 | 2.4 | 2.3 |
Cash and cash equivalents | 63.13 | 213.38 | 210.16 | 223.05 | 123.59 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | C | B | BB | BB | B |
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