Michaelsen Consult ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Michaelsen Consult ApS
Michaelsen Consult ApS (CVR number: 40561404) is a company from AARHUS. The company recorded a gross profit of 1121.5 kDKK in 2023. The operating profit was -137.8 kDKK, while net earnings were -109.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -65.6 %, which can be considered poor and Return on Equity (ROE) was -99.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 32.6 %, 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. Michaelsen Consult ApS's liquidity measured by quick ratio was 1.5 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 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | 236.83 | 1 536.75 | 1 311.21 | 1 121.46 |
EBIT | 23.02 | 180.71 | -37.99 | - 137.84 |
Net earnings | 18.93 | 138.70 | -32.96 | - 109.48 |
Shareholders equity total | 58.93 | 197.63 | 164.68 | 55.20 |
Balance sheet total (assets) | 174.63 | 427.33 | 251.07 | 169.13 |
Net debt | 73.88 | 1.82 | - 187.10 | 44.86 |
Profitability | ||||
EBIT-% | ||||
ROA | 13.2 % | 60.0 % | -11.0 % | -65.6 % |
ROE | 32.1 % | 108.1 % | -18.2 % | -99.6 % |
ROI | 15.3 % | 102.6 % | -18.1 % | -88.7 % |
Economic value added (EVA) | 18.93 | 137.73 | -39.77 | - 104.10 |
Solvency | ||||
Equity ratio | 33.7 % | 46.2 % | 65.6 % | 32.6 % |
Gearing | 154.5 % | 2.3 % | 27.6 % | 82.2 % |
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 1.1 | 1.7 | 2.8 | 1.5 |
Current ratio | 1.1 | 1.7 | 2.8 | 1.5 |
Cash and cash equivalents | 17.20 | 2.76 | 232.61 | 0.51 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BB | BB | BB | BB |
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