MIKELO A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About MIKELO A/S
MIKELO A/S (CVR number: 30511603) is a company from AARHUS. The company recorded a gross profit of 1374.9 kDKK in 2024. The operating profit was -1296.2 kDKK, while net earnings were -891.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.2 %, which can be considered poor and Return on Equity (ROE) was -6.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 78.9 %, 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. MIKELO A/S's liquidity measured by quick ratio was 3.5 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 8 389.28 | 12 900.19 | 10 879.83 | 6 417.99 | 1 374.90 |
EBIT | 2 311.46 | 6 882.05 | 4 049.92 | 1 167.11 | -1 296.23 |
Net earnings | 1 502.28 | 5 176.10 | 2 847.83 | 379.20 | - 891.91 |
Shareholders equity total | 6 259.48 | 12 240.15 | 13 865.98 | 14 293.31 | 13 353.27 |
Balance sheet total (assets) | 33 466.60 | 38 339.53 | 44 324.69 | 21 833.35 | 16 929.79 |
Net debt | 6 223.80 | 8 471.64 | 15 785.61 | 728.67 | 1 137.22 |
Profitability | |||||
EBIT-% | |||||
ROA | 7.5 % | 19.6 % | 10.1 % | 4.0 % | -5.2 % |
ROE | 25.7 % | 56.0 % | 21.8 % | 2.7 % | -6.5 % |
ROI | 13.7 % | 36.5 % | 14.7 % | 5.3 % | -6.4 % |
Economic value added (EVA) | 1 705.32 | 5 242.75 | 2 669.16 | 353.34 | -1 647.37 |
Solvency | |||||
Equity ratio | 18.7 % | 31.9 % | 31.3 % | 65.5 % | 78.9 % |
Gearing | 135.3 % | 94.2 % | 136.2 % | 17.7 % | 9.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.7 | 0.9 | 0.7 | 2.0 | 3.5 |
Current ratio | 1.2 | 1.5 | 1.5 | 2.6 | 4.6 |
Cash and cash equivalents | 2 246.04 | 3 054.80 | 3 101.27 | 1 798.25 | 90.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A | A | BBB |
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