7 Mile Technology ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About 7 Mile Technology ApS
7 Mile Technology ApS (CVR number: 37530190) is a company from ODENSE. The company recorded a gross profit of 593.9 kDKK in 2021. The operating profit was -42.8 kDKK, while net earnings were -36.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7 %, which can be considered poor and Return on Equity (ROE) was -9.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 81.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. 7 Mile Technology ApS's liquidity measured by quick ratio was 5.3 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 financials2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 154.65 | 24.06 | 46.55 | 364.25 | 593.86 |
EBIT | -21.92 | 23.40 | 41.45 | 350.40 | -42.84 |
Net earnings | -18.81 | 27.32 | 37.66 | 279.52 | -36.61 |
Shareholders equity total | 143.13 | 170.45 | 208.11 | 487.63 | 251.02 |
Balance sheet total (assets) | 198.92 | 229.56 | 266.20 | 606.72 | 308.81 |
Net debt | 10.29 | -9.17 | -2.40 | -41.57 | - 102.19 |
Profitability | |||||
EBIT-% | |||||
ROA | -7.4 % | 14.4 % | 20.0 % | 82.4 % | -7.0 % |
ROE | -12.3 % | 17.4 % | 19.9 % | 80.4 % | -9.9 % |
ROI | -9.9 % | 17.2 % | 23.4 % | 99.8 % | -8.7 % |
Economic value added (EVA) | -21.91 | 14.83 | 25.18 | 264.01 | -65.55 |
Solvency | |||||
Equity ratio | 72.0 % | 74.3 % | 78.2 % | 80.4 % | 81.3 % |
Gearing | 15.4 % | 13.5 % | 11.0 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.6 | 3.9 | 4.2 | 4.7 | 5.3 |
Current ratio | 3.6 | 3.9 | 4.2 | 4.7 | 5.3 |
Cash and cash equivalents | 11.79 | 32.14 | 25.38 | 41.57 | 102.19 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | BB | BBB | BBB | B |
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