Mimo af 23. november 2023 A/S — Credit Rating and Financial Key Figures

CVR number: 29196842
Balticagade 16 C, 8000 Aarhus C
account@minimum.dk
tel: 70250532

Credit rating

Company information

Official name
Mimo af 23. november 2023 A/S
Established
2005
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About Mimo af 23. november 2023 A/S

Mimo af 23. november 2023 A/S (CVR number: 29196842K) is a company from AARHUS. The company recorded a gross profit of 26.8 mDKK in 2022. The operating profit was -22.6 mDKK, while net earnings were -46.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was -2.2 %, which can be considered poor and Return on Equity (ROE) was -134.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -35.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Mimo af 23. november 2023 A/S's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20182019202020212022
Volume
Net sales
Gross profit44 585.2421 695.8330 105.6928 939.1326 777.65
EBIT-1 159.42-10 055.912 262.692 510.59-22 570.19
Net earnings-2 418.37-9 159.01- 279.181 421.60-46 607.66
Shareholders equity total22 348.0012 986.8011 387.5114 929.75-33 268.02
Balance sheet total (assets)76 477.5674 286.9079 438.6879 182.3556 900.32
Net debt21 249.4127 748.7735 849.1433 015.5462 323.70
Profitability
EBIT-%
ROA-0.9 %-13.0 %3.4 %3.7 %-2.2 %
ROE-10.6 %-51.8 %-2.3 %10.8 %-134.3 %
ROI-1.8 %-20.3 %5.1 %5.4 %-68.1 %
Economic value added (EVA)-2 124.26-9 142.911 334.131 974.27-24 653.29
Solvency
Equity ratio27.7 %17.2 %13.8 %18.2 %-35.9 %
Gearing112.6 %271.7 %356.1 %240.2 %-195.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.60.50.60.2
Current ratio1.21.11.01.10.6
Cash and cash equivalents3 923.657 532.124 703.652 848.462 737.32
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBAABB

Variable visualization

ROA:-2.18%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-35.9%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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