Mik & Christine, 435 Assensvej ApS

CVR number: 39229706
Assensvej 141, Skrillinge 5500 Middelfart
435@rema1000.dk

Credit rating

Company information

Official name
Mik & Christine, 435 Assensvej ApS
Personnel
40 persons
Established
2018
Domicile
Skrillinge
Company form
Private limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About Mik & Christine, 435 Assensvej ApS

Mik & Christine, 435 Assensvej ApS (CVR number: 39229706) is a company from MIDDELFART. The company recorded a gross profit of 4452.8 kDKK in 2023. The operating profit was 697.6 kDKK, while net earnings were 397.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 25.8 %, which can be considered excellent and Return on Equity (ROE) was 38.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 37.9 %, 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. Mik & Christine, 435 Assensvej ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit2.413.163.753.734 452.78
EBIT0.340.660.990.83697.58
Net earnings0.180.410.650.50397.33
Shareholders equity total0.550.851.381.772 047.58
Balance sheet total (assets)2.433.964.255.355 409.01
Net debt-0.86-1.76-1.96-2.87-2 875.44
Profitability
EBIT-%
ROA13.9 %20.6 %24.2 %17.2 %25.8 %
ROE40.6 %58.7 %58.0 %31.7 %38.8 %
ROI71.8 %89.6 %84.9 %51.1 %67.4 %
Economic value added (EVA)0.360.671.040.86544.14
Solvency
Equity ratio22.6 %21.4 %32.5 %33.1 %37.9 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio0.60.60.80.91.0
Current ratio1.21.21.41.41.6
Cash and cash equivalents0.861.761.962.872 875.44
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:25.8%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:37.9%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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