mmWave Test Solutions ApS — Credit Rating and Financial Key Figures

CVR number: 39602954
Harrestrup Allé 16, 2500 Valby
admin@mmwavetest.com
tel: 21630226
mmwavetest.com

Credit rating

Company information

Official name
mmWave Test Solutions ApS
Personnel
2 persons
Established
2018
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About mmWave Test Solutions ApS

mmWave Test Solutions ApS (CVR number: 39602954) is a company from KØBENHAVN. The company recorded a gross profit of 618.3 kDKK in 2023. The operating profit was 618.3 kDKK, while net earnings were 618.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 55 %, which can be considered excellent and Return on Equity (ROE) was 68.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 87.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. mmWave Test Solutions ApS's liquidity measured by quick ratio was 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales449.30401.15198.44
Gross profit393.71319.01149.66811.83618.29
EBIT393.71109.01- 140.34621.83618.29
Net earnings306.9276.38- 161.86482.92618.29
Shareholders equity total306.92383.30165.91591.351 209.37
Balance sheet total (assets)415.99510.73190.77864.501 383.07
Net debt- 409.21- 496.32- 157.08- 861.86-1 332.59
Profitability
EBIT-%87.6 %27.2 %-70.7 %
ROA94.6 %23.5 %-40.0 %117.9 %55.0 %
ROE100.0 %22.1 %-58.9 %127.5 %68.7 %
ROI128.3 %31.6 %-51.1 %164.2 %68.7 %
Economic value added (EVA)306.9284.16- 154.45483.26631.89
Solvency
Equity ratio73.8 %75.0 %87.0 %68.4 %87.4 %
Gearing
Relative net indebtedness %-66.8 %-92.0 %-66.6 %
Liquidity
Quick ratio3.84.07.73.28.0
Current ratio3.84.07.73.28.0
Cash and cash equivalents409.21496.32157.08861.861 332.59
Capital use efficiency
Trade debtors turnover (days)
Net working capital %68.3 %95.5 %83.6 %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:55.0%
Rating: 97/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:87.4%
Rating: 67/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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