Credit rating
Company information
About MIF II no. 11 GP ApS
MIF II no. 11 GP ApS (CVR number: 42055409) is a company from GENTOFTE. The company reported a net sales of 0 mUSD in 2023, demonstrating a growth of 8.4 % compared to the previous year. The operating profit percentage was at 34.5 % (EBIT: 0 mUSD), while net earnings were 0.7 kUSD. The profitability of the company measured by Return on Assets (ROA) was 15.6 %, which can be considered excellent but Return on Equity (ROE) was 8.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 80.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MIF II no. 11 GP ApS's liquidity measured by quick ratio was 5.2 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 financialsNet sales (kUSD)
EBIT (kUSD)
Profitability
Solidity
Key figures (kUSD)
See financials2021 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | 3.80 | 2.62 | 2.84 |
Gross profit | 2.07 | 0.86 | 0.98 |
EBIT | 2.07 | 0.86 | 0.98 |
Net earnings | 1.28 | 0.21 | 0.73 |
Shareholders equity total | 7.82 | 8.02 | 8.75 |
Balance sheet total (assets) | 8.18 | 9.67 | 10.82 |
Net debt | -8.18 | -9.67 | -10.82 |
Profitability | |||
EBIT-% | 54.3 % | 32.7 % | 34.5 % |
ROA | 25.3 % | 10.2 % | 15.6 % |
ROE | 16.4 % | 2.6 % | 8.7 % |
ROI | 26.4 % | 11.5 % | 19.1 % |
Economic value added (EVA) | 2.07 | 0.87 | 1.06 |
Solvency | |||
Equity ratio | 95.6 % | 83.0 % | 80.9 % |
Gearing | |||
Relative net indebtedness % | -205.5 % | -306.3 % | -308.4 % |
Liquidity | |||
Quick ratio | 22.6 | 5.9 | 5.2 |
Current ratio | 22.6 | 5.9 | 5.2 |
Cash and cash equivalents | 8.18 | 9.67 | 10.82 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | 205.5 % | 306.3 % | 308.4 % |
Credit risk | |||
Credit rating | C | C | C |
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