FONDEN MIE 5 GP — Credit Rating and Financial Key Figures

CVR number: 37456284
Gammeltorv 18, 1457 København K

Company information

Official name
FONDEN MIE 5 GP
Personnel
4 persons
Established
2016
Industry

About FONDEN MIE 5 GP

FONDEN MIE 5 GP (CVR number: 37456284) is a company from KØBENHAVN. The company reported a net sales of 23.4 mDKK in 2023, demonstrating a growth of 13.9 % compared to the previous year. The operating profit percentage was poor at -0.1 % (EBIT: -0 mDKK), while net earnings were 40.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.4 %, which can be considered weak but Return on Equity (ROE) was 8.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 3.8 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. FONDEN MIE 5 GP's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales38 107.5038 107.5035 245.1720 550.8623 417.14
Gross profit114.73102.13101.79102.33101.88
EBIT-5.26-17.87-18.21-17.68-18.13
Net earnings35.1720.2925.2127.3040.30
Shareholders equity total372.19392.48417.69444.99485.29
Balance sheet total (assets)19 288.2519 309.109 373.0712 008.4512 669.07
Net debt- 394.50- 415.35- 441.74- 467.99- 513.00
Profitability
EBIT-%-0.0 %-0.0 %-0.1 %-0.1 %-0.1 %
ROA0.2 %0.2 %0.3 %0.4 %0.4 %
ROE9.9 %5.3 %6.2 %6.3 %8.7 %
ROI11.8 %8.5 %9.3 %9.7 %11.7 %
Economic value added (EVA)1.24-11.09-12.49-13.07-12.78
Solvency
Equity ratio1.9 %2.0 %4.5 %3.7 %3.8 %
Gearing
Relative net indebtedness %48.6 %48.6 %24.2 %54.0 %49.8 %
Liquidity
Quick ratio1.01.01.01.01.0
Current ratio1.01.01.01.01.0
Cash and cash equivalents394.50415.35441.74467.99513.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %1.0 %1.0 %1.2 %2.2 %2.1 %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:0.44%
Rating: 22/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:3.83%
Rating: 4/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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