MICHAEL HENRIKSEN HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 11258441
Nøglegårdsvej 11, 3540 Lynge
tel: 40305929
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Credit rating

Company information

Official name
MICHAEL HENRIKSEN HOLDING A/S
Established
1987
Company form
Limited company
Industry

About MICHAEL HENRIKSEN HOLDING A/S

MICHAEL HENRIKSEN HOLDING A/S (CVR number: 11258441K) is a company from ALLERØD. The company reported a net sales of 52.6 mDKK in 2016. The operating profit percentage was poor at -192.3 % (EBIT: -101.3 mDKK), while net earnings were -103.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was -4.5 %, which can be considered poor and Return on Equity (ROE) was -9.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 64.5 %, 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 HENRIKSEN HOLDING A/S's liquidity measured by quick ratio was 10.8 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

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Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

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2016
Volume
Net sales52 646.27
Gross profit23 184.38
EBIT- 101 252.04
Net earnings- 103 170.23
Shareholders equity total1 104 731.08
Balance sheet total (assets)1 716 821.08
Net debt- 540 879.03
Profitability
EBIT-%-192.3 %
ROA-4.5 %
ROE-9.3 %
ROI-4.8 %
Economic value added (EVA)- 114 200.96
Solvency
Equity ratio64.5 %
Gearing46.5 %
Relative net indebtedness %-840.8 %
Liquidity
Quick ratio10.8
Current ratio10.3
Cash and cash equivalents1 054 741.86
Capital use efficiency
Trade debtors turnover (days)2.8
Net working capital %1656.4 %
Credit risk
Credit ratingBBB

Variable visualization

ROA:-4.49%
Rating: 16/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:64.5%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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