MIP ApS — Credit Rating and Financial Key Figures

CVR number: 37403261
Papirfabrikken 10 E, 8600 Silkeborg
Apsmip@gmail.com
tel: 86861014

Company information

Official name
MIP ApS
Established
2016
Company form
Private limited company
Industry

About MIP ApS

MIP ApS (CVR number: 37403261) is a company from SILKEBORG. The company recorded a gross profit of 1823.1 kDKK in 2022. The operating profit was -206.6 kDKK, while net earnings were -375.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8 %, which can be considered poor and Return on Equity (ROE) was -32.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -63.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. MIP ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit2 423.111 615.611 833.592 174.581 823.09
EBIT-75.54-83.63-0.4018.41- 206.58
Net earnings- 198.47- 211.46-24.94132.46- 375.17
Shareholders equity total-1 130.91-1 342.37-1 367.32-1 234.86-1 610.03
Balance sheet total (assets)1 370.011 530.361 306.111 384.12931.59
Net debt1 992.611 851.97- 502.42- 620.53- 431.25
Profitability
EBIT-%
ROA-2.9 %-3.1 %0.0 %1.1 %-8.0 %
ROE-12.3 %-14.6 %-1.8 %9.8 %-32.4 %
ROI-3.6 %-3.8 %0.0 %2.7 %
Economic value added (EVA)-9.06-19.7586.36112.36-53.44
Solvency
Equity ratio-45.2 %-46.7 %-51.1 %-47.2 %-63.3 %
Gearing-188.6 %-166.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.21.31.71.2
Current ratio0.20.31.72.21.5
Cash and cash equivalents140.17384.35502.42620.53431.25
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBC

Variable visualization

ROA:-8.01%
Rating: 12/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-63.3%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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