MIELE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About MIELE A/S
MIELE A/S (CVR number: 54057210) is a company from GLOSTRUP. The company reported a net sales of 591.9 mDKK in 2024, demonstrating a growth of 2.3 % compared to the previous year. The operating profit percentage was at 3.7 % (EBIT: 21.9 mDKK), while net earnings were 15.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 10.8 %, which can be considered good and Return on Equity (ROE) was 12.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 57.6 %, 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. MIELE A/S's liquidity measured by quick ratio was 1.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 578 632.00 | 591 864.59 | |||
Gross profit | 148 621.00 | 155 023.34 | |||
EBIT | 14 001.00 | 21 930.44 | |||
Net earnings | 11 307.00 | 15 602.54 | |||
Shareholders equity total | 123 440.00 | 119 043.30 | |||
Balance sheet total (assets) | 218 562.00 | 208 405.24 | |||
Net debt | -7 758.00 | -21 830.20 | |||
Profitability | |||||
EBIT-% | 2.4 % | 3.7 % | |||
ROA | 7.2 % | 10.8 % | |||
ROE | 9.2 % | 12.9 % | |||
ROI | 9.3 % | 14.4 % | |||
Economic value added (EVA) | -6 175.42 | 10 775.20 | 13 140.55 | ||
Solvency | |||||
Equity ratio | 56.6 % | 57.6 % | |||
Gearing | 28.7 % | 20.1 % | |||
Relative net indebtedness % | 7.3 % | 5.9 % | |||
Liquidity | |||||
Quick ratio | 1.5 | 1.6 | |||
Current ratio | 2.3 | 2.3 | |||
Cash and cash equivalents | 43 214.00 | 45 744.09 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 47.6 | 43.1 | |||
Net working capital % | 19.0 % | 18.3 % | |||
Credit risk | |||||
Credit rating | BB | BB | BB | AAA | AA |
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