Mitch ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Mitch ApS
Mitch ApS (CVR number: 32766900) is a company from SVENDBORG. The company recorded a gross profit of -8.3 kDKK in 2024. The operating profit was -8.3 kDKK, while net earnings were -6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -17.3 %, which can be considered poor and Return on Equity (ROE) was -21.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 72.4 %, 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. Mitch ApS's liquidity measured by quick ratio was 3.6 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 | -37.00 | -88.00 | -13.00 | -9.00 | -8.35 |
| EBIT | - 314.00 | - 141.00 | -13.00 | -9.00 | -8.35 |
| Net earnings | - 245.00 | - 111.00 | -10.00 | -7.00 | -5.99 |
| Shareholders equity total | - 898.00 | -1 009.00 | -1 019.00 | 31.00 | 25.19 |
| Balance sheet total (assets) | 154.00 | 67.00 | 54.00 | 51.00 | 34.79 |
| Net debt | 991.00 | 1 044.00 | 1 054.00 | 6.00 | -0.36 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -32.6 % | -13.3 % | -1.2 % | -1.6 % | -17.3 % |
| ROE | -131.0 % | -100.5 % | -16.5 % | -16.5 % | -21.3 % |
| ROI | -33.8 % | -13.5 % | -1.2 % | -1.6 % | -22.4 % |
| Economic value added (EVA) | - 254.15 | - 116.60 | -12.76 | -9.11 | -8.57 |
| Solvency | |||||
| Equity ratio | -85.4 % | -93.8 % | -95.0 % | 60.8 % | 72.4 % |
| Gearing | -114.1 % | -105.5 % | -104.1 % | 32.3 % | |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.1 | 0.1 | 0.1 | 2.5 | 3.6 |
| Current ratio | 0.1 | 0.1 | 0.1 | 2.5 | 3.6 |
| Cash and cash equivalents | 34.00 | 20.00 | 7.00 | 4.00 | 0.36 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | BB | BB | BB |
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