MIE5 Holding 6 ApS — Credit Rating and Financial Key Figures

CVR number: 39973774
Gammeltorv 18, 1457 København K

Company information

Official name
MIE5 Holding 6 ApS
Established
2018
Company form
Private limited company
Industry

About MIE5 Holding 6 ApS

MIE5 Holding 6 ApS (CVR number: 39973774K) is a company from KØBENHAVN. The company reported a net sales of 1598.8 mDKK in 2023, demonstrating a growth of 6.5 % compared to the previous year. The operating profit percentage was at 0.3 % (EBIT: 5.2 mDKK), while net earnings were -20.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 1 %, which can be considered weak but Return on Equity (ROE) was -9.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 34.5 %, 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. MIE5 Holding 6 ApS'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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales1 221.591 269.191 355.871 500.641 598.82
Gross profit212.94251.45271.10222.82308.07
EBIT-7.40251.45271.10-57.065.21
Net earnings-21.77-10.90-11.91-63.19-20.32
Shareholders equity total257.23385.52373.85298.94364.97
Balance sheet total (assets)849.371 038.811 076.33992.021 060.64
Net debt191.94427.26345.79
Profitability
EBIT-%-0.6 %19.8 %20.0 %-3.8 %0.3 %
ROA-1.3 %26.6 %25.6 %-5.3 %1.0 %
ROE-26.0 %-3.9 %-3.1 %-22.4 %-9.5 %
ROI-2.0 %49.0 %54.1 %-8.5 %1.4 %
Economic value added (EVA)-6.49299.60288.88-65.80-10.60
Solvency
Equity ratio30.3 %19.1 %17.9 %30.1 %34.5 %
Gearing92.2 %154.6 %112.9 %
Relative net indebtedness %42.8 %49.1 %49.7 %43.0 %38.4 %
Liquidity
Quick ratio0.41.01.10.40.5
Current ratio0.81.01.10.91.0
Cash and cash equivalents45.1135.0266.36
Capital use efficiency
Trade debtors turnover (days)43.543.951.0
Net working capital %-6.8 %1.6 %2.8 %-5.0 %-1.0 %
Credit risk
Credit ratingABBBBBBAAA

Variable visualization

ROA:1.04%
Rating: 25/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:34.5%
Rating: 29/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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