MITEL DENMARK A/S — Credit Rating and Financial Key Figures

CVR number: 12101392
H.C. Andersens Boulevard 38, 1553 København V
matranortel@matranortel.dk
tel: 43280327

Credit rating

Company information

Official name
MITEL DENMARK A/S
Personnel
2 persons
Established
1988
Company form
Limited company
Industry
  • Expand more icon61Telecommunications

About MITEL DENMARK A/S

MITEL DENMARK A/S (CVR number: 12101392) is a company from KØBENHAVN. The company recorded a gross profit of 3304.1 kDKK in 2023. The operating profit was 218.9 kDKK, while net earnings were 172.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.1 %, which can be considered weak and Return on Equity (ROE) was 2.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 51.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. MITEL DENMARK A/S's liquidity measured by quick ratio was 2.1 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
2019
2020
2021
2022
2023
Volume
Net sales5 742.60
Gross profit2 528.643 343.942 584.362 708.013 304.07
EBIT273.46280.30203.85203.42218.91
Net earnings341.77102.27155.31201.34172.49
Shareholders equity total13 501.6313 603.9013 960.5413 960.542 633.03
Balance sheet total (assets)14 481.7214 846.0814 844.1116 093.075 079.98
Net debt-1 211.11-2 762.81- 321.34189.88671.42
Profitability
EBIT-%4.8 %
ROA1.9 %1.9 %1.4 %1.3 %2.1 %
ROE2.6 %0.8 %1.1 %1.4 %2.1 %
ROI2.2 %2.0 %1.5 %1.4 %2.3 %
Economic value added (EVA)- 223.67- 413.44- 387.20- 470.17- 465.39
Solvency
Equity ratio93.2 %91.6 %91.6 %86.7 %51.8 %
Gearing0.8 %10.4 %53.9 %
Relative net indebtedness %-5.8 %
Liquidity
Quick ratio16.115.218.37.52.1
Current ratio16.115.218.37.52.1
Cash and cash equivalents1 313.442 762.81321.341 266.08747.04
Capital use efficiency
Trade debtors turnover (days)
Net working capital %236.5 %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:2.09%
Rating: 30/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:51.8%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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