Mimizan Nedrivning ApS
Credit rating
Company information
About Mimizan Nedrivning ApS
Mimizan Nedrivning ApS (CVR number: 40249192) is a company from FREDERIKSBERG. The company reported a net sales of 2.5 mDKK in 2023, demonstrating a decline of -34 % compared to the previous year. The operating profit percentage was poor at -32 % (EBIT: -0.8 mDKK), while net earnings were -791.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -90 %, which can be considered poor and Return on Equity (ROE) was -132.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -8.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Mimizan Nedrivning ApS's liquidity measured by quick ratio was 0.8 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 711.11 | 2 160.40 | 2 372.72 | 3 758.87 | 2 481.43 |
Gross profit | 739.13 | 1 103.85 | 1 224.08 | 1 694.09 | 913.69 |
EBIT | 589.93 | 272.89 | 79.70 | 8.38 | - 793.63 |
Net earnings | 460.14 | 212.85 | 50.04 | -23.58 | - 791.51 |
Shareholders equity total | 510.14 | 723.00 | 773.04 | 749.45 | -42.06 |
Balance sheet total (assets) | 733.69 | 871.52 | 1 106.33 | 1 268.58 | 444.06 |
Net debt | - 198.35 | - 465.61 | - 449.76 | - 281.75 | 42.87 |
Profitability | |||||
EBIT-% | 34.5 % | 12.6 % | 3.4 % | 0.2 % | -32.0 % |
ROA | 80.4 % | 34.0 % | 8.1 % | 0.7 % | -90.0 % |
ROE | 90.2 % | 34.5 % | 6.7 % | -3.1 % | -132.6 % |
ROI | 115.6 % | 44.3 % | 9.5 % | 0.9 % | -170.1 % |
Economic value added (EVA) | 460.14 | 197.19 | 45.43 | -7.86 | - 817.13 |
Solvency | |||||
Equity ratio | 69.5 % | 83.0 % | 69.9 % | 59.1 % | -8.7 % |
Gearing | 24.0 % | 16.4 % | -134.7 % | ||
Relative net indebtedness % | 1.5 % | -14.7 % | -12.7 % | 3.1 % | 19.0 % |
Liquidity | |||||
Quick ratio | 3.3 | 3.9 | 6.2 | 2.8 | 0.8 |
Current ratio | 3.3 | 3.9 | 6.2 | 2.8 | 0.8 |
Cash and cash equivalents | 198.35 | 465.61 | 635.62 | 404.45 | 13.79 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 34.2 | 12.2 | 1.4 | 30.0 | |
Net working capital % | 29.8 % | 19.9 % | 32.2 % | 18.8 % | -4.2 % |
Credit risk | |||||
Credit rating | B | BB | BB | BB | C |
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