itm8 | Miracle 42 A/S — Credit Rating and Financial Key Figures

CVR number: 40111751
Tonsbakken 16, 2740 Skovlunde

Company information

Official name
itm8 | Miracle 42 A/S
Personnel
79 persons
Established
2018
Company form
Limited company
Industry

About itm8 | Miracle 42 A/S

itm8 | Miracle 42 A/S (CVR number: 40111751) is a company from BALLERUP. The company recorded a gross profit of 72.9 mDKK in 2023. The operating profit was -4485.8 kDKK, while net earnings were -3312.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.1 %, which can be considered poor and Return on Equity (ROE) was -7.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 54.4 %, 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. itm8 | Miracle 42 A/S's liquidity measured by quick ratio was 2.3 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit53 099.0055 172.0087 500.0091 332.3572 908.40
EBIT8 914.0010 117.0013 596.0017 867.57-4 485.79
Net earnings49 854.007 780.0010 380.0013 753.79-3 312.26
Shareholders equity total64 959.0042 739.0047 407.0051 161.1834 848.92
Balance sheet total (assets)90 302.0077 807.0075 878.0074 955.5171 058.33
Net debt-15 913.50-12 840.315 252.03
Profitability
EBIT-%
ROA9.9 %12.0 %17.7 %23.9 %-5.1 %
ROE76.7 %14.4 %23.0 %27.9 %-7.7 %
ROI13.4 %14.0 %17.7 %28.2 %-8.1 %
Economic value added (EVA)6 328.947 716.0711 448.3711 535.44-5 403.53
Solvency
Equity ratio78.7 %100.0 %100.0 %74.8 %54.4 %
Gearing1.9 %1.5 %15.1 %
Relative net indebtedness %
Liquidity
Quick ratio4.03.92.3
Current ratio2.82.81.9
Cash and cash equivalents17 179.5613 614.41
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBAAA

Variable visualization

ROA:-5.10%
Rating: 15/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:54.4%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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