MIG-TEKNIK ApS — Credit Rating and Financial Key Figures

CVR number: 35029796
Plantagevej 10, 4623 Lille Skensved

Credit rating

Company information

Official name
MIG-TEKNIK ApS
Personnel
1 person
Established
2013
Company form
Private limited company
Industry

About MIG-TEKNIK ApS

MIG-TEKNIK ApS (CVR number: 35029796) is a company from KØGE. The company recorded a gross profit of 761.7 kDKK in 2023. The operating profit was 191.2 kDKK, while net earnings were 142.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.4 %, which can be considered good and Return on Equity (ROE) was 12.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 75.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. MIG-TEKNIK ApS's liquidity measured by quick ratio was 4 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 012.75944.711 071.611 177.30761.74
EBIT229.36262.55305.09457.85191.20
Net earnings176.60199.56228.05341.62142.55
Shareholders equity total451.35650.91822.461 106.881 190.53
Balance sheet total (assets)817.011 145.841 508.171 511.301 575.49
Net debt- 567.37- 915.92-1 000.19-1 000.57- 995.25
Profitability
EBIT-%
ROA33.0 %26.8 %23.0 %30.3 %12.4 %
ROE48.6 %36.2 %31.0 %35.4 %12.4 %
ROI61.6 %46.5 %41.0 %46.6 %15.9 %
Economic value added (EVA)162.55177.40199.26306.2686.43
Solvency
Equity ratio55.2 %56.8 %54.5 %73.2 %75.6 %
Gearing3.0 %2.1 %0.1 %3.1 %6.5 %
Relative net indebtedness %
Liquidity
Quick ratio2.22.31.83.74.0
Current ratio2.22.32.23.74.1
Cash and cash equivalents580.92929.471 000.911 035.071 072.75
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:12.4%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:75.6%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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