MICHAEL TIDSELBAK HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 35039198
Kærvangs Alle 5, 9000 Aalborg

Credit rating

Company information

Official name
MICHAEL TIDSELBAK HOLDING ApS
Established
2013
Company form
Private limited company
Industry

About MICHAEL TIDSELBAK HOLDING ApS

MICHAEL TIDSELBAK HOLDING ApS (CVR number: 35039198) is a company from AALBORG. The company recorded a gross profit of -1.9 kDKK in 2024. The operating profit was -1.9 kDKK, while net earnings were -738.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -28.1 %, which can be considered poor and Return on Equity (ROE) was -29.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 96.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MICHAEL TIDSELBAK HOLDING ApS's liquidity measured by quick ratio was 8.6 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-5.03-7.75-9.58-8.34-1.91
EBIT-5.03-7.75-9.58-8.34-1.91
Net earnings653.42724.37- 335.51- 425.50- 738.38
Shareholders equity total3 074.583 798.953 406.932 924.242 063.86
Balance sheet total (assets)3 078.223 827.953 422.952 946.362 144.11
Net debt- 505.67- 656.27- 572.36- 545.68-11.69
Profitability
EBIT-%
ROA23.7 %21.8 %-4.4 %-13.3 %-28.1 %
ROE23.5 %21.1 %-9.3 %-13.4 %-29.6 %
ROI23.7 %21.9 %-4.5 %-13.4 %-28.6 %
Economic value added (EVA)50.9065.6293.8067.3548.67
Solvency
Equity ratio99.9 %99.2 %99.5 %99.2 %96.3 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio138.922.642.531.08.6
Current ratio138.922.642.531.08.6
Cash and cash equivalents505.67656.27572.36545.6811.69
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBBBB

Variable visualization

ROA:-28.1%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.3%
Rating: 77/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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