MIG HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MIG HOLDING ApS
MIG HOLDING ApS (CVR number: 21812692) is a company from KØBENHAVN. The company recorded a gross profit of -8.8 kDKK in 2024. The operating profit was -8.8 kDKK, while net earnings were 35.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.6 %, which can be considered decent but Return on Equity (ROE) was 2.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 77 %, 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. MIG HOLDING ApS's liquidity measured by quick ratio was 3.1 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -4.38 | -1.24 | -5.78 | -13.33 | -8.77 |
EBIT | -4.38 | -1.24 | -5.78 | -13.33 | -8.77 |
Net earnings | 373.05 | 102.05 | 64.40 | 22.59 | 35.46 |
Shareholders equity total | 1 083.15 | 1 135.20 | 1 199.60 | 1 222.20 | 1 257.65 |
Balance sheet total (assets) | 1 262.71 | 1 395.62 | 1 485.85 | 1 545.08 | 1 634.30 |
Net debt | -32.44 | -2.00 | 195.23 | 254.60 | |
Profitability | |||||
EBIT-% | |||||
ROA | 31.2 % | 8.5 % | 6.0 % | 2.6 % | 4.6 % |
ROE | 41.6 % | 9.2 % | 5.5 % | 1.9 % | 2.9 % |
ROI | 33.1 % | 9.8 % | 7.2 % | 3.0 % | 5.0 % |
Economic value added (EVA) | -59.28 | -58.93 | -62.66 | -72.72 | -77.45 |
Solvency | |||||
Equity ratio | 85.8 % | 81.3 % | 80.7 % | 79.1 % | 77.0 % |
Gearing | 2.5 % | 3.8 % | 16.0 % | 20.5 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 8.3 | 3.9 | 3.7 | 3.5 | 3.1 |
Current ratio | 8.3 | 3.9 | 3.7 | 3.5 | 3.1 |
Cash and cash equivalents | 61.31 | 47.57 | 3.21 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
Variable visualization
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