MIKANIT ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MIKANIT ApS
MIKANIT ApS (CVR number: 31853028) is a company from ASSENS. The company reported a net sales of 1.4 mDKK in 2024, demonstrating a decline of -10.6 % compared to the previous year. The operating profit percentage was poor at -0.7 % (EBIT: -0 mDKK), while net earnings were -10.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.7 %, which can be considered poor and Return on Equity (ROE) was -1.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 69 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. MIKANIT ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 285.29 | 1 281.46 | 1 607.56 | 1 617.18 | 1 445.52 |
Gross profit | 1 212.57 | 1 237.12 | 1 546.31 | 1 565.36 | 1 412.18 |
EBIT | 113.32 | 156.78 | 227.80 | 277.30 | -9.52 |
Net earnings | 82.23 | 114.15 | 170.72 | 212.90 | -10.58 |
Shareholders equity total | 428.78 | 485.73 | 656.45 | 810.45 | 738.23 |
Balance sheet total (assets) | 1 114.34 | 1 302.49 | 1 327.07 | 1 551.14 | 1 069.29 |
Net debt | -41.16 | - 367.25 | - 242.52 | - 482.59 | - 423.89 |
Profitability | |||||
EBIT-% | 8.8 % | 12.2 % | 14.2 % | 17.1 % | -0.7 % |
ROA | 11.0 % | 13.0 % | 17.3 % | 19.3 % | -0.7 % |
ROE | 20.9 % | 25.0 % | 29.9 % | 29.0 % | -1.4 % |
ROI | 14.5 % | 18.9 % | 24.6 % | 25.8 % | -1.0 % |
Economic value added (EVA) | 50.57 | 80.81 | 134.99 | 165.82 | -66.93 |
Solvency | |||||
Equity ratio | 38.5 % | 37.3 % | 49.5 % | 52.2 % | 69.0 % |
Gearing | 88.6 % | 74.9 % | 53.0 % | 41.0 % | |
Relative net indebtedness % | 20.6 % | 6.7 % | 5.0 % | -4.6 % | -6.4 % |
Liquidity | |||||
Quick ratio | 1.8 | 1.7 | 2.5 | 2.6 | 1.4 |
Current ratio | 1.8 | 1.7 | 2.5 | 2.6 | 1.4 |
Cash and cash equivalents | 420.92 | 731.16 | 590.54 | 814.70 | 423.89 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 38.8 | 10.6 | 11.3 | 14.1 | 0.1 |
Net working capital % | 19.6 % | 21.5 % | 27.9 % | 37.0 % | 6.4 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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