MIHU ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MIHU ApS
MIHU ApS (CVR number: 35046046) is a company from KØBENHAVN. The company recorded a gross profit of 58.3 kDKK in 2023. The operating profit was -113.3 kDKK, while net earnings were -49.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.5 %, which can be considered poor and Return on Equity (ROE) was -4.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -1.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. MIHU ApS'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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 087.33 | 229.00 | |||
Gross profit | 969.02 | 212.00 | 381.46 | 248.91 | 58.34 |
EBIT | - 215.84 | - 396.00 | 206.47 | 30.48 | - 113.32 |
Net earnings | - 233.55 | - 306.00 | 300.77 | 78.91 | -49.20 |
Shareholders equity total | 137.88 | - 168.00 | 132.73 | 23.64 | -25.55 |
Balance sheet total (assets) | 1 557.74 | 1 885.00 | 2 214.31 | 1 961.16 | 1 993.38 |
Net debt | -0.10 | -9.70 | - 219.90 | - 157.76 | |
Profitability | |||||
EBIT-% | -19.9 % | -172.9 % | |||
ROA | -11.2 % | -16.8 % | 14.3 % | 7.1 % | -2.5 % |
ROE | -91.7 % | -30.3 % | 29.8 % | 100.9 % | -4.9 % |
ROI | -34.4 % | -439.5 % | 458.9 % | 190.7 % | -416.3 % |
Economic value added (EVA) | - 295.51 | - 401.63 | 217.93 | 27.32 | - 100.43 |
Solvency | |||||
Equity ratio | 8.9 % | -8.2 % | 6.0 % | 1.2 % | -1.3 % |
Gearing | |||||
Relative net indebtedness % | 130.6 % | 896.5 % | |||
Liquidity | |||||
Quick ratio | 0.5 | 0.5 | 0.6 | 0.7 | 0.7 |
Current ratio | 0.8 | 0.7 | 0.8 | 0.8 | 0.8 |
Cash and cash equivalents | 0.10 | 9.70 | 219.90 | 157.76 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -30.8 % | -279.9 % | |||
Credit risk | |||||
Credit rating | BB | B | BB | BB | BB |
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