MICHAEL HENRIKSEN HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | |
|---|---|
| Volume | |
| Net sales | 52 646.27 |
| Gross profit | 23 184.38 |
| EBIT | - 101 252.04 |
| Net earnings | - 103 170.23 |
| Shareholders equity total | 1 104 731.08 |
| 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 ratio | 64.5 % |
| Gearing | 46.5 % |
| Relative net indebtedness % | -840.8 % |
| Liquidity | |
| Quick ratio | 10.8 |
| Current ratio | 10.3 |
| Cash and cash equivalents | 1 054 741.86 |
| Capital use efficiency | |
| Trade debtors turnover (days) | 2.8 |
| Net working capital % | 1656.4 % |
| Credit risk | |
| Credit rating | BBB |
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