Christian Michelsen Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Christian Michelsen Holding ApS
Christian Michelsen Holding ApS (CVR number: 36993391) is a company from KØBENHAVN. The company recorded a gross profit of -23.1 kDKK in 2023. The operating profit was -23.1 kDKK, while net earnings were 1796.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 50.1 %, which can be considered excellent and Return on Equity (ROE) was 69.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 76.9 %, 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. Christian Michelsen Holding 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 233.00 | -9.76 | -13.40 | -40.00 | -23.13 |
EBIT | 233.00 | -9.76 | -13.40 | -40.00 | -23.13 |
Net earnings | 1 325.00 | 485.33 | -6.71 | - 535.00 | 1 796.13 |
Shareholders equity total | 1 731.00 | 2 216.31 | 2 209.60 | 1 674.60 | 3 470.73 |
Balance sheet total (assets) | 1 807.00 | 2 231.77 | 2 227.21 | 2 703.21 | 4 510.68 |
Net debt | - 291.00 | - 202.59 | - 195.78 | - 112.27 | -96.14 |
Profitability | |||||
EBIT-% | |||||
ROA | 123.2 % | 24.2 % | 0.3 % | -20.8 % | 50.1 % |
ROE | 123.9 % | 24.6 % | -0.3 % | -27.5 % | 69.8 % |
ROI | 127.5 % | 24.7 % | 0.3 % | -26.4 % | 70.2 % |
Economic value added (EVA) | 207.16 | 64.05 | 79.55 | 54.33 | 45.88 |
Solvency | |||||
Equity ratio | 95.8 % | 99.3 % | 99.2 % | 61.9 % | 76.9 % |
Gearing | 0.3 % | 0.2 % | 0.2 % | 0.3 % | 0.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.9 | 14.4 | 11.6 | 1.2 | 1.2 |
Current ratio | 3.9 | 14.4 | 11.6 | 1.2 | 1.2 |
Cash and cash equivalents | 296.00 | 207.70 | 200.89 | 117.38 | 101.25 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | BBB | BB | A |
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