MIC Productions A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About MIC Productions A/S
MIC Productions A/S (CVR number: 41475501) is a company from KERTEMINDE. The company recorded a gross profit of 1151.4 kDKK in 2023. The operating profit was -262.8 kDKK, while net earnings were -347.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -13.4 %, which can be considered poor and Return on Equity (ROE) was -44.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 32.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. MIC Productions A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | 678.45 | 522.00 | 983.63 | 1 151.40 |
EBIT | 541.04 | 174.25 | - 170.98 | - 262.77 |
Net earnings | 407.07 | 110.42 | - 157.66 | - 347.66 |
Shareholders equity total | 996.66 | 1 107.08 | 949.41 | 601.75 |
Balance sheet total (assets) | 1 689.78 | 1 730.02 | 1 930.28 | 1 877.38 |
Net debt | 340.06 | - 194.91 | 321.83 | 719.30 |
Profitability | ||||
EBIT-% | ||||
ROA | 32.0 % | 10.2 % | -9.3 % | -13.4 % |
ROE | 40.8 % | 10.5 % | -15.3 % | -44.8 % |
ROI | 37.9 % | 13.0 % | -13.0 % | -18.5 % |
Economic value added (EVA) | 419.42 | 78.08 | - 178.81 | - 312.45 |
Solvency | ||||
Equity ratio | 59.0 % | 64.0 % | 49.2 % | 32.1 % |
Gearing | 34.1 % | 4.4 % | 40.2 % | 119.9 % |
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 0.8 | 1.7 | 0.8 | 0.7 |
Current ratio | 0.8 | 1.7 | 0.8 | 0.7 |
Cash and cash equivalents | 0.18 | 243.91 | 59.63 | 2.37 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | A | A | BBB | BBB |
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