MIBIT ApS — Credit Rating and Financial Key Figures

CVR number: 31580218
Nyborgvej 4 B, 5700 Svendborg
info@mibit.dk
tel: 62241734
www.mibit.dk

Credit rating

Company information

Official name
MIBIT ApS
Personnel
14 persons
Established
2008
Company form
Private limited company
Industry

About MIBIT ApS

MIBIT ApS (CVR number: 31580218) is a company from SVENDBORG. The company recorded a gross profit of 5463.6 kDKK in 2024. The operating profit was 314.5 kDKK, while net earnings were 264.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.8 %, which can be considered decent but Return on Equity (ROE) was 9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 75.9 %, 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. MIBIT ApS's liquidity measured by quick ratio was 3.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 918.992 658.863 657.973 873.595 463.61
EBIT404.30352.04126.11-10.44314.49
Net earnings387.62331.78106.31121.50264.79
Shareholders equity total239.981 571.762 677.632 799.793 057.98
Balance sheet total (assets)3 486.122 170.473 434.243 902.534 028.95
Net debt- 664.52-1 880.72-2 952.93-2 584.20-3 086.99
Profitability
EBIT-%
ROA11.3 %12.5 %4.5 %3.2 %6.8 %
ROE22.4 %36.6 %5.0 %4.4 %9.0 %
ROI14.7 %16.1 %5.9 %4.3 %9.1 %
Economic value added (EVA)286.82215.5945.06- 144.99171.47
Solvency
Equity ratio6.9 %72.9 %78.0 %71.7 %75.9 %
Gearing1031.6 %2.6 %1.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.03.54.22.73.5
Current ratio1.03.44.22.73.5
Cash and cash equivalents3 140.101 921.942 952.932 630.623 086.99
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:6.76%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:75.9%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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