M.I. Engineering A/S

CVR number: 36730803
Limfjordsvej 9, 6715 Esbjerg N

Credit rating

Company information

Official name
M.I. Engineering A/S
Established
2015
Company form
Limited company
Industry
  • Expand more icon71Architectural and engineering activities; technical testing and analysis

About M.I. Engineering A/S

M.I. Engineering A/S (CVR number: 36730803) is a company from ESBJERG. The company recorded a gross profit of -53.5 kDKK in 2018. The operating profit was -59.2 kDKK, while net earnings were -44.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -97.5 %, which can be considered poor and Return on Equity (ROE) was -98.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. M.I. Engineering A/S's liquidity measured by quick ratio was 0.9 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
201620172018
Volume
Net sales
Gross profit208.69- 133.80-53.55
EBIT- 455.39- 139.87-59.21
Net earnings- 349.36- 109.56-44.94
Shareholders equity total150.6841.12-3.82
Balance sheet total (assets)355.6967.1550.51
Net debt-24.395.2447.45
Profitability
EBIT-%
ROA-126.1 %-66.2 %-97.5 %
ROE-231.9 %-114.2 %-98.1 %
ROI-204.0 %-101.2 %-111.7 %
Economic value added (EVA)- 354.84- 111.66-46.49
Solvency
Equity ratio42.4 %61.2 %-7.0 %
Gearing45.9 %37.8 %-1291.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.72.40.9
Current ratio1.72.40.9
Cash and cash equivalents93.5010.301.88
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBB

Variable visualization

ROA:-97.5%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-7.03%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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