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Mikkelsen Innovation ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Mikkelsen Innovation ApS
Mikkelsen Innovation ApS (CVR number: 42636746) is a company from AARHUS. The company recorded a gross profit of -1321.6 kDKK in 2025. The operating profit was -1890.9 kDKK, while net earnings were -1639.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -35.5 %, which can be considered poor and Return on Equity (ROE) was -40.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -0.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Mikkelsen Innovation ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Volume | ||||
| Net sales | ||||
| Gross profit | - 107.00 | 106.00 | 162.00 | -1 321.56 |
| EBIT | - 203.00 | - 222.00 | - 284.00 | -1 890.88 |
| Net earnings | - 182.00 | -87.00 | - 296.00 | -1 639.41 |
| Shareholders equity total | - 142.00 | - 229.00 | 1 624.00 | -14.62 |
| Balance sheet total (assets) | 48.00 | 405.00 | 4 235.00 | 6 402.59 |
| Net debt | 170.00 | 419.00 | 1 349.00 | 514.79 |
| Profitability | ||||
| EBIT-% | ||||
| ROA | -106.8 % | -53.9 % | -11.7 % | -35.5 % |
| ROE | -379.2 % | -38.4 % | -29.2 % | -40.8 % |
| ROI | -114.7 % | -63.4 % | -12.1 % | -72.2 % |
| Economic value added (EVA) | - 174.27 | - 159.38 | - 213.51 | -1 684.07 |
| Solvency | ||||
| Equity ratio | -74.7 % | -36.1 % | 38.3 % | -0.3 % |
| Gearing | -124.6 % | -228.4 % | 122.2 % | -3901.9 % |
| Relative net indebtedness % | ||||
| Liquidity | ||||
| Quick ratio | 0.3 | 2.7 | 2.7 | 0.8 |
| Current ratio | 0.3 | 2.7 | 2.7 | 0.4 |
| Cash and cash equivalents | 7.00 | 104.00 | 635.00 | 55.63 |
| Capital use efficiency | ||||
| Trade debtors turnover (days) | ||||
| Net working capital % | ||||
| Credit risk | ||||
| Credit rating | BB | B | BB | B |
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