Credit rating
Company information
About MIF I no. 11 GP ApS
MIF I no. 11 GP ApS (CVR number: 38991949) is a company from GENTOFTE. The company reported a net sales of 0 mUSD in 2023, demonstrating a growth of 8.4 % compared to the previous year. The operating profit percentage was at 34.5 % (EBIT: 0 mUSD), while net earnings were 0.7 kUSD. The profitability of the company measured by Return on Assets (ROA) was 15.5 %, which can be considered excellent but Return on Equity (ROE) was 8.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 81.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MIF I no. 11 GP ApS's liquidity measured by quick ratio was 5.4 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 financialsNet sales (kUSD)
EBIT (kUSD)
Profitability
Solidity
Key figures (kUSD)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1.16 | 1.14 | 1.19 | 2.62 | 2.84 |
Gross profit | 0.33 | 0.18 | 0.33 | 1.03 | 0.98 |
EBIT | 0.33 | 0.18 | 0.33 | 1.03 | 0.98 |
Net earnings | -0.17 | 0.38 | -0.15 | 0.58 | 0.71 |
Shareholders equity total | 7.58 | 7.96 | 7.81 | 8.38 | 9.09 |
Balance sheet total (assets) | 8.41 | 8.93 | 7.81 | 10.10 | 11.15 |
Net debt | -8.41 | -8.93 | -7.81 | -10.10 | -11.15 |
Profitability | |||||
EBIT-% | 28.5 % | 15.7 % | 27.2 % | 39.4 % | 34.5 % |
ROA | 4.6 % | 7.9 % | 5.6 % | 11.9 % | 15.5 % |
ROE | -2.2 % | 4.9 % | -2.0 % | 7.2 % | 8.1 % |
ROI | 5.4 % | 8.8 % | 5.9 % | 13.1 % | 18.8 % |
Economic value added (EVA) | 0.42 | 0.22 | 0.37 | 1.03 | 1.06 |
Solvency | |||||
Equity ratio | 90.2 % | 89.1 % | 100.0 % | 83.1 % | 81.5 % |
Gearing | |||||
Relative net indebtedness % | -652.3 % | -700.1 % | -653.7 % | -320.1 % | -320.3 % |
Liquidity | |||||
Quick ratio | 10.2 | 9.2 | 5.9 | 5.4 | |
Current ratio | 10.2 | 9.2 | 5.9 | 5.4 | |
Cash and cash equivalents | 8.41 | 8.93 | 7.81 | 10.10 | 11.15 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 652.3 % | 700.1 % | 653.7 % | 320.1 % | 320.3 % |
Credit risk | |||||
Credit rating | C | C | C | C | C |
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