7 Mile Technology ApS — Credit Rating and Financial Key Figures

CVR number: 37530190
Rypebakken 28, Snestrup 5210 Odense NV

Company information

Official name
7 Mile Technology ApS
Personnel
1 person
Established
2016
Domicile
Snestrup
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2017
2018
2019
2020
2021
Volume
Net sales
Gross profit154.6524.0646.55364.25593.86
EBIT-21.9223.4041.45350.40-42.84
Net earnings-18.8127.3237.66279.52-36.61
Shareholders equity total143.13170.45208.11487.63251.02
Balance sheet total (assets)198.92229.56266.20606.72308.81
Net debt10.29-9.17-2.40-41.57- 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)-21.9114.8325.18264.01-65.55
Solvency
Equity ratio72.0 %74.3 %78.2 %80.4 %81.3 %
Gearing15.4 %13.5 %11.0 %
Relative net indebtedness %
Liquidity
Quick ratio3.63.94.24.75.3
Current ratio3.63.94.24.75.3
Cash and cash equivalents11.7932.1425.3841.57102.19
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:-7.02%
Rating: 13/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:81.3%
Rating: 60/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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