itm8 | Miracle 42 A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 53 099.00 | 55 172.00 | 87 500.00 | 91 332.35 | 72 908.40 |
EBIT | 8 914.00 | 10 117.00 | 13 596.00 | 17 867.57 | -4 485.79 |
Net earnings | 49 854.00 | 7 780.00 | 10 380.00 | 13 753.79 | -3 312.26 |
Shareholders equity total | 64 959.00 | 42 739.00 | 47 407.00 | 51 161.18 | 34 848.92 |
Balance sheet total (assets) | 90 302.00 | 77 807.00 | 75 878.00 | 74 955.51 | 71 058.33 |
Net debt | -15 913.50 | -12 840.31 | 5 252.03 | ||
Profitability | |||||
EBIT-% | |||||
ROA | 9.9 % | 12.0 % | 17.7 % | 23.9 % | -5.1 % |
ROE | 76.7 % | 14.4 % | 23.0 % | 27.9 % | -7.7 % |
ROI | 13.4 % | 14.0 % | 17.7 % | 28.2 % | -8.1 % |
Economic value added (EVA) | 6 328.94 | 7 716.07 | 11 448.37 | 11 535.44 | -5 403.53 |
Solvency | |||||
Equity ratio | 78.7 % | 100.0 % | 100.0 % | 74.8 % | 54.4 % |
Gearing | 1.9 % | 1.5 % | 15.1 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 4.0 | 3.9 | 2.3 | ||
Current ratio | 2.8 | 2.8 | 1.9 | ||
Cash and cash equivalents | 17 179.56 | 13 614.41 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | BBB | AA | A |
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