MIF II no. 1 GP ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MIF II no. 1 GP ApS
MIF II no. 1 GP ApS (CVR number: 38494546) is a company from GENTOFTE. The company reported a net sales of 0 mUSD in 2021, demonstrating a growth of 3.7 % compared to the previous year. The operating profit percentage was at 34.6 % (EBIT: 0 mUSD), while net earnings were 0.1 kUSD. The profitability of the company measured by Return on Assets (ROA) was 5.9 %, which can be considered decent but Return on Equity (ROE) was 0.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MIF II no. 1 GP ApS's liquidity measured by quick ratio was 525.8 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 financialsNet sales (kUSD)
EBIT (kUSD)
Profitability
Solidity
Key figures (kUSD)
See financials2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 1.21 | 1.14 | 3.69 | 1.28 | 1.33 |
| Gross profit | -0.42 | -0.58 | 2.83 | 0.32 | 0.46 |
| EBIT | -0.42 | -0.58 | 2.83 | 0.32 | 0.46 |
| Net earnings | -0.46 | -1.27 | 2.22 | 0.32 | 0.06 |
| Shareholders equity total | 7.59 | 6.32 | 8.54 | 8.86 | 8.92 |
| Balance sheet total (assets) | 7.59 | 8.04 | 9.54 | 9.90 | 8.94 |
| Net debt | -7.59 | -8.04 | -6.79 | -9.90 | -8.94 |
| Profitability | |||||
| EBIT-% | -35.0 % | -50.8 % | 76.9 % | 25.1 % | 34.6 % |
| ROA | -5.6 % | -7.4 % | 32.5 % | 7.2 % | 5.9 % |
| ROE | -6.1 % | -18.3 % | 29.9 % | 3.6 % | 0.7 % |
| ROI | -5.6 % | -8.3 % | 38.4 % | 8.0 % | 6.3 % |
| Economic value added (EVA) | -0.42 | -0.58 | 2.92 | 0.23 | 0.51 |
| Solvency | |||||
| Equity ratio | 100.0 % | 78.6 % | 89.6 % | 89.5 % | 99.8 % |
| Gearing | |||||
| Relative net indebtedness % | -628.4 % | -554.7 % | -157.3 % | -691.6 % | -671.3 % |
| Liquidity | |||||
| Quick ratio | 4.7 | 9.6 | 9.5 | 525.8 | |
| Current ratio | 4.7 | 9.6 | 9.5 | 525.8 | |
| Cash and cash equivalents | 7.59 | 8.04 | 6.79 | 9.90 | 8.94 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | 628.4 % | 554.7 % | 231.6 % | 691.6 % | 671.3 % |
| Credit risk | |||||
| Credit rating | B | BB | B | B | C |
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