MIE5 Datterholding 8 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MIE5 Datterholding 8 ApS
MIE5 Datterholding 8 ApS (CVR number: 40216324K) is a company from AARHUS. The company reported a net sales of 147.9 mDKK in 2023, demonstrating a decline of -19.2 % compared to the previous year. The operating profit percentage was poor at -1.1 % (EBIT: -1.7 mDKK), while net earnings were -12.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was -0.8 %, which can be considered poor and Return on Equity (ROE) was -21.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 36.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. MIE5 Datterholding 8 ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 122.92 | 122.98 | 142.27 | 183.00 | 147.90 |
Gross profit | 36.85 | 38.79 | 44.69 | 55.10 | 53.30 |
EBIT | -5.98 | -3.34 | -13.73 | -10.86 | -1.69 |
Net earnings | -7.91 | -8.18 | -13.68 | -15.36 | -12.73 |
Shareholders equity total | 101.48 | 93.97 | 80.91 | 65.70 | 52.69 |
Balance sheet total (assets) | 195.80 | 203.47 | 204.04 | 167.22 | 150.67 |
Net debt | 83.28 | 68.87 | |||
Profitability | |||||
EBIT-% | -4.9 % | -2.7 % | -9.6 % | -5.9 % | -1.1 % |
ROA | -3.1 % | -1.7 % | -6.7 % | -5.6 % | -0.8 % |
ROE | -7.8 % | -8.4 % | -15.6 % | -21.0 % | -21.5 % |
ROI | -3.1 % | -1.7 % | -6.7 % | -5.8 % | -0.9 % |
Economic value added (EVA) | -5.98 | -8.44 | -18.45 | -14.34 | -9.67 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 40.2 % | 36.3 % |
Gearing | 130.8 % | 149.4 % | |||
Relative net indebtedness % | 54.0 % | 59.6 % | |||
Liquidity | |||||
Quick ratio | 0.6 | 0.5 | |||
Current ratio | 1.5 | 1.0 | |||
Cash and cash equivalents | 2.65 | 9.83 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 14.4 | 22.1 | |||
Net working capital % | 9.7 % | 0.2 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | A |
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