MIKANIT ApS — Credit Rating and Financial Key Figures

CVR number: 31853028
Haugelund 21, 5492 Vissenbjerg
oha@mikanit.dk
tel: 64473611

Company information

Official name
MIKANIT ApS
Personnel
1 person
Established
2008
Company form
Private limited company
Industry

About MIKANIT ApS

MIKANIT ApS (CVR number: 31853028) is a company from ASSENS. The company reported a net sales of 1.6 mDKK in 2023, demonstrating a growth of 0.6 % compared to the previous year. The operating profit percentage was at 17.1 % (EBIT: 0.3 mDKK), while net earnings were 212.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.3 %, which can be considered excellent and Return on Equity (ROE) was 29 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 52.2 %, 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. MIKANIT ApS's liquidity measured by quick ratio was 2.6 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales1 104.221 285.291 281.461 607.561 617.18
Gross profit1 060.161 212.571 237.121 546.311 565.36
EBIT55.75113.32156.78227.80277.30
Net earnings37.6682.23114.15170.72212.90
Shareholders equity total357.18428.78485.73656.45810.45
Balance sheet total (assets)950.561 114.341 302.491 327.071 551.14
Net debt84.30-41.16- 367.25- 242.52- 482.59
Profitability
EBIT-%5.0 %8.8 %12.2 %14.2 %17.1 %
ROA5.8 %11.0 %13.0 %17.3 %19.3 %
ROE10.5 %20.9 %25.0 %29.9 %29.0 %
ROI7.3 %14.5 %18.9 %24.6 %25.8 %
Economic value added (EVA)12.8666.21101.96171.73195.50
Solvency
Equity ratio37.6 %38.5 %37.3 %49.5 %52.2 %
Gearing110.7 %88.6 %74.9 %53.0 %41.0 %
Relative net indebtedness %25.6 %20.6 %6.7 %5.0 %-4.6 %
Liquidity
Quick ratio1.81.81.72.52.6
Current ratio1.81.81.72.52.6
Cash and cash equivalents311.25420.92731.16590.54814.70
Capital use efficiency
Trade debtors turnover (days)15.938.810.611.314.1
Net working capital %14.6 %19.6 %21.5 %27.9 %37.0 %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:19.3%
Rating: 73/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:52.2%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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