MIII ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MIII ApS
MIII ApS (CVR number: 31946093) is a company from FREDERIKSHAVN. The company recorded a gross profit of 666.2 kDKK in 2024. The operating profit was -653.4 kDKK, while net earnings were -548.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -24.3 %, which can be considered poor and Return on Equity (ROE) was -32.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 51 %, 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. MIII ApS's liquidity measured by quick ratio was 1.2 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 788.35 | 1 366.61 | 1 016.63 | 577.90 | 666.18 |
EBIT | 557.98 | 71.78 | 45.40 | -1 071.63 | - 653.40 |
Net earnings | 382.15 | 40.38 | 56.09 | - 862.09 | - 548.65 |
Shareholders equity total | 2 745.74 | 2 786.12 | 2 842.20 | 1 980.12 | 1 431.47 |
Balance sheet total (assets) | 6 099.59 | 5 830.76 | 4 503.34 | 2 581.03 | 2 807.59 |
Net debt | -1 676.69 | -2 923.92 | 731.87 | - 185.61 | 894.91 |
Profitability | |||||
EBIT-% | |||||
ROA | 9.8 % | 1.2 % | 0.9 % | -30.3 % | -24.3 % |
ROE | 15.0 % | 1.5 % | 2.0 % | -35.8 % | -32.2 % |
ROI | 22.3 % | 2.6 % | 1.4 % | -38.6 % | -30.3 % |
Economic value added (EVA) | 277.60 | 6.89 | 39.16 | - 978.80 | - 606.53 |
Solvency | |||||
Equity ratio | 45.0 % | 47.8 % | 63.1 % | 76.7 % | 51.0 % |
Gearing | 25.9 % | 63.0 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.1 | 1.5 | 1.9 | 2.7 | 1.2 |
Current ratio | 1.8 | 1.9 | 2.4 | 3.5 | 1.7 |
Cash and cash equivalents | 1 676.69 | 2 923.92 | 3.31 | 185.61 | 6.82 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BBB | BB | BB |
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