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: 29196842) is a company from AARHUS. The company recorded a gross profit of 26.4 mDKK in 2022. The operating profit was -23 mDKK, while net earnings were -47.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was -3.6 %, which can be considered poor and Return on Equity (ROE) was -132.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -37.6 %. 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 profit41 894.9917 586.3527 664.1626 957.7726 355.66
EBIT2 338.41-9 029.353 747.69529.23-22 992.18
Net earnings-2 418.37-9 159.01- 279.181 421.60-47 274.50
Shareholders equity total22 348.0012 986.8011 387.5114 929.75-33 934.85
Balance sheet total (assets)78 157.3373 034.0578 263.5479 662.7756 351.05
Net debt24 313.8530 180.8337 394.6233 660.5263 572.42
Profitability
EBIT-%
ROA-0.8 %-13.0 %3.1 %3.6 %-3.6 %
ROE-10.6 %-51.8 %-2.3 %10.8 %-132.6 %
ROI-1.5 %-19.7 %4.5 %5.3 %-69.3 %
Economic value added (EVA)1 338.13-7 843.342 589.49127.88-24 759.08
Solvency
Equity ratio27.7 %17.6 %14.6 %18.2 %-37.6 %
Gearing123.4 %276.9 %362.0 %244.4 %-193.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.60.50.50.2
Current ratio1.31.11.01.10.6
Cash and cash equivalents3 261.465 779.383 827.802 826.672 165.47
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBAABB

Variable visualization

ROA:-3.57%
Rating: 16/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-37.6%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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