MIÖ ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MIÖ ApS
MIÖ ApS (CVR number: 21309745) is a company from ESBJERG. The company reported a net sales of 0.5 mDKK in 2023. The operating profit percentage was at 12.6 % (EBIT: 0.1 mDKK), while net earnings were 58.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 39 %, which can be considered excellent and Return on Equity (ROE) was 64.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 50.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. MIÖ ApS's liquidity measured by quick ratio was 1.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019  | 2020  | 2021  | 2022  | 2023  | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 462.38 | ||||
| Gross profit | -0.89 | -5.49 | 462.38 | ||
| EBIT | -0.89 | -5.49 | 58.30 | ||
| Net earnings | -0.94 | -0.11 | -5.59 | -8.28 | 58.38 | 
| Shareholders equity total | 74.96 | 74.85 | 69.25 | 60.98 | 119.35 | 
| Balance sheet total (assets) | 77.37 | 77.26 | 71.67 | 63.39 | 235.86 | 
| Net debt | -16.84 | -16.73 | -11.14 | -0.44 | -71.94 | 
| Profitability | |||||
| EBIT-% | 12.6 % | ||||
| ROA | -1.1 % | -7.4 % | 39.0 % | ||
| ROE | -1.3 % | -0.1 % | -7.8 % | -12.7 % | 64.7 % | 
| ROI | -1.2 % | -7.6 % | 61.4 % | ||
| Economic value added (EVA) | -4.71 | -3.77 | -9.25 | -3.48 | 55.12 | 
| Solvency | |||||
| Equity ratio | 96.9 % | 96.9 % | 96.6 % | 96.2 % | 50.6 % | 
| Gearing | 4.0 % | 6.2 % | |||
| Relative net indebtedness % | 8.0 % | ||||
| Liquidity | |||||
| Quick ratio | 7.0 | 6.9 | 4.6 | 1.2 | 1.5 | 
| Current ratio | 7.0 | 6.9 | 4.6 | 1.2 | 1.5 | 
| Cash and cash equivalents | 16.84 | 16.73 | 11.14 | 2.86 | 79.39 | 
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 75.7 | ||||
| Net working capital % | 12.7 % | ||||
| Credit risk | |||||
| Credit rating | BB | BB | BB | BB | BB | 
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