MITC ApS — Credit Rating and Financial Key Figures

CVR number: 40057048
Enighedsvej 44, 2920 Charlottenlund
mitc@mitc.dk
tel: 32963244

Credit rating

Company information

Official name
MITC ApS
Personnel
1 person
Established
2018
Company form
Private limited company
Industry

About MITC ApS

MITC ApS (CVR number: 40057048) is a company from GENTOFTE. The company recorded a gross profit of 821.3 kDKK in 2023. The operating profit was 188.6 kDKK, while net earnings were 188.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 62.7 %, which can be considered excellent and Return on Equity (ROE) was 66.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 49 %, 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. MITC ApS's liquidity measured by quick ratio was 2 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 286.941 179.921 205.3571.40821.29
EBIT560.73358.29537.93- 559.73188.61
Net earnings433.29349.54599.20- 846.68188.92
Shareholders equity total483.29722.231 208.43247.34318.46
Balance sheet total (assets)705.551 009.911 537.42488.67650.37
Net debt- 593.91- 792.47- 866.80- 364.69- 447.77
Profitability
EBIT-%
ROA79.9 %52.9 %64.1 %-34.1 %62.7 %
ROE89.7 %58.0 %62.1 %-116.3 %66.8 %
ROI116.5 %75.3 %84.5 %-47.5 %126.2 %
Economic value added (EVA)431.23285.00422.39- 639.72139.81
Solvency
Equity ratio68.5 %71.5 %78.6 %50.6 %49.0 %
Gearing0.1 %
Relative net indebtedness %
Liquidity
Quick ratio3.23.54.72.02.0
Current ratio3.23.54.72.02.0
Cash and cash equivalents594.23792.47866.80364.69447.77
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:62.7%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:49.0%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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