MIKANIT ApS — Credit Rating and Financial Key Figures

CVR number: 31853028
Duedalen 111, 5492 Vissenbjerg
oha@mikanit.dk
tel: 20464885

Credit rating

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 1.4 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales1 285.291 281.461 607.561 617.181 445.52
Gross profit1 212.571 237.121 546.311 565.361 412.18
EBIT113.32156.78227.80277.30-9.52
Net earnings82.23114.15170.72212.90-10.58
Shareholders equity total428.78485.73656.45810.45738.23
Balance sheet total (assets)1 114.341 302.491 327.071 551.141 069.29
Net debt-41.16- 367.25- 242.52- 482.59- 423.89
Profitability
EBIT-%8.8 %12.2 %14.2 %17.1 %-0.7 %
ROA11.0 %13.0 %17.3 %19.3 %-0.7 %
ROE20.9 %25.0 %29.9 %29.0 %-1.4 %
ROI14.5 %18.9 %24.6 %25.8 %-1.0 %
Economic value added (EVA)50.5780.81134.99165.82-66.93
Solvency
Equity ratio38.5 %37.3 %49.5 %52.2 %69.0 %
Gearing88.6 %74.9 %53.0 %41.0 %
Relative net indebtedness %20.6 %6.7 %5.0 %-4.6 %-6.4 %
Liquidity
Quick ratio1.81.72.52.61.4
Current ratio1.81.72.52.61.4
Cash and cash equivalents420.92731.16590.54814.70423.89
Capital use efficiency
Trade debtors turnover (days)38.810.611.314.10.1
Net working capital %19.6 %21.5 %27.9 %37.0 %6.4 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-0.73%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:69.0%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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