MIVC HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MIVC HOLDING ApS
MIVC HOLDING ApS (CVR number: 34605564) is a company from AARHUS. The company recorded a gross profit of 242.9 kDKK in 2023. The operating profit was -304.9 kDKK, while net earnings were 323.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.8 %, which can be considered decent but Return on Equity (ROE) was 8.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 72.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. MIVC HOLDING ApS's liquidity measured by quick ratio was 9.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 264.77 | 53.04 | 183.94 | 85.97 | 242.91 |
EBIT | - 453.85 | -99.37 | - 256.50 | - 296.24 | - 304.93 |
Net earnings | - 396.63 | -50.34 | - 208.02 | - 493.16 | 323.08 |
Shareholders equity total | 4 422.23 | 4 316.58 | 4 052.07 | 3 501.71 | 3 765.89 |
Balance sheet total (assets) | 4 671.24 | 4 434.21 | 5 008.28 | 4 405.16 | 5 186.92 |
Net debt | - 353.44 | - 304.66 | 838.56 | 758.16 | 1 250.63 |
Profitability | |||||
EBIT-% | |||||
ROA | -7.7 % | -0.9 % | -2.8 % | -2.7 % | 7.8 % |
ROE | -8.5 % | -1.2 % | -5.0 % | -13.1 % | 8.9 % |
ROI | -7.8 % | -0.9 % | -2.9 % | -2.8 % | 7.9 % |
Economic value added (EVA) | - 604.65 | - 286.96 | - 445.00 | - 541.09 | - 518.27 |
Solvency | |||||
Equity ratio | 94.7 % | 97.3 % | 81.0 % | 79.6 % | 72.7 % |
Gearing | 4.8 % | 0.2 % | 20.8 % | 24.0 % | 35.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.8 | 6.7 | 4.2 | 6.6 | 9.2 |
Current ratio | 6.9 | 7.5 | 5.0 | 6.3 | 8.7 |
Cash and cash equivalents | 565.07 | 311.18 | 4.33 | 81.23 | 74.37 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | BBB | A |
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