HOLDING MIG HER ApS — Credit Rating and Financial Key Figures

CVR number: 36502568
Friis Hansens Vej 5, 7100 Vejle

Credit rating

Company information

Official name
HOLDING MIG HER ApS
Established
2015
Company form
Private limited company
Industry

About HOLDING MIG HER ApS

HOLDING MIG HER ApS (CVR number: 36502568) is a company from VEJLE. The company recorded a gross profit of 50.9 kDKK in 2024. The operating profit was -85.6 kDKK, while net earnings were -342.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.4 %, which can be considered weak but Return on Equity (ROE) was -2.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 50.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. HOLDING MIG HER ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit-26.00122.0050.89
EBIT-26.00122.00-85.59
Net earnings1 360.004 144.001 431.001 026.00- 342.54
Shareholders equity total7 233.0011 264.0012 580.0012 906.0012 563.74
Balance sheet total (assets)7 451.0011 605.0013 084.0024 799.0024 703.18
Net debt156.0029.00-2 389.0011 393.0011 758.29
Profitability
EBIT-%
ROA17.7 %43.5 %11.8 %8.5 %1.4 %
ROE19.0 %44.8 %12.0 %8.1 %-2.7 %
ROI19.6 %43.8 %11.9 %8.6 %1.5 %
Economic value added (EVA)- 355.87- 371.30- 606.24- 526.68-1 306.62
Solvency
Equity ratio97.1 %97.1 %96.1 %52.0 %50.9 %
Gearing2.2 %2.5 %2.6 %88.3 %93.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.66.1
Current ratio1.66.1
Cash and cash equivalents254.002 718.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAABBB

Variable visualization

ROA:1.43%
Rating: 27/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:50.9%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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