Mitrax Ejendomme A/S — Credit Rating and Financial Key Figures

CVR number: 40848770
Smedeland 22, Smedeland 2600 Glostrup

Company information

Official name
Mitrax Ejendomme A/S
Established
2019
Domicile
Smedeland
Company form
Limited company
Industry

About Mitrax Ejendomme A/S

Mitrax Ejendomme A/S (CVR number: 40848770) is a company from ALBERTSLUND. The company recorded a gross profit of 3001.7 kDKK in 2023. The operating profit was 2212.1 kDKK, while net earnings were 1623.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.8 %, which can be considered decent but Return on Equity (ROE) was 14.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 24.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Mitrax Ejendomme A/S's liquidity measured by quick ratio was 0.5 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit364.252 769.392 631.672 839.603 001.74
EBIT232.641 979.741 842.012 049.952 212.09
Net earnings92.721 349.851 673.841 811.031 623.62
Shareholders equity total5 492.726 842.578 516.4110 327.4411 951.06
Balance sheet total (assets)45 983.5844 722.7450 657.9150 060.7049 320.83
Net debt39 644.6421 168.0520 912.4718 615.5617 042.76
Profitability
EBIT-%
ROA0.5 %4.4 %4.8 %5.0 %5.8 %
ROE1.7 %21.9 %21.8 %19.2 %14.6 %
ROI0.5 %4.5 %5.2 %6.7 %9.5 %
Economic value added (EVA)181.46356.91346.98684.89814.59
Solvency
Equity ratio11.9 %15.6 %16.8 %20.6 %24.2 %
Gearing732.9 %311.4 %245.6 %180.8 %147.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.10.40.50.5
Current ratio0.30.00.40.50.5
Cash and cash equivalents610.78139.6059.37596.57
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:5.76%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:24.2%
Rating: 22/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Board member
Chief executive officer
Chairman of the board

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