MIS RECYCLING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About MIS RECYCLING A/S
MIS RECYCLING A/S (CVR number: 20612630) is a company from SORØ. The company recorded a gross profit of 18.3 mDKK in 2023. The operating profit was 5580.2 kDKK, while net earnings were 1745.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.1 %, which can be considered decent and Return on Equity (ROE) was 6.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 22.6 %, 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. MIS RECYCLING A/S's liquidity measured by quick ratio was 1.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 15 888.71 | 18 285.58 | |||
EBIT | 4 407.00 | 6 670.00 | 2 937.00 | 2 946.78 | 5 580.24 |
Net earnings | 3 572.00 | 5 051.00 | 1 522.00 | 990.28 | 1 745.15 |
Shareholders equity total | 26 516.00 | 29 567.00 | 29 089.00 | 26 968.77 | 27 713.92 |
Balance sheet total (assets) | 93 414.00 | 103 681.00 | 97 326.00 | 109 551.19 | 122 533.65 |
Net debt | 20 963.38 | 9 141.15 | |||
Profitability | |||||
EBIT-% | |||||
ROA | 5.0 % | 6.8 % | 2.9 % | 3.4 % | 5.1 % |
ROE | 13.9 % | 18.0 % | 5.2 % | 3.5 % | 6.4 % |
ROI | 5.2 % | 6.8 % | 2.9 % | 3.7 % | 5.9 % |
Economic value added (EVA) | 3 912.90 | 5 337.57 | 1 451.26 | 275.13 | 3 515.09 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 24.6 % | 22.6 % |
Gearing | 77.8 % | 48.6 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.8 | 1.3 | |||
Current ratio | 1.0 | 1.6 | |||
Cash and cash equivalents | 18.79 | 4 318.06 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | AA | A |
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