MITI Holding ApS — Credit Rating and Financial Key Figures

CVR number: 42462012
Kjellerupsgade 21 A, 9000 Aalborg

Credit rating

Company information

Official name
MITI Holding ApS
Established
2021
Company form
Private limited company
Industry

About MITI Holding ApS

MITI Holding ApS (CVR number: 42462012) is a company from AALBORG. The company recorded a gross profit of -5 kDKK in 2023. The operating profit was -5 kDKK, while net earnings were 22.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.4 %, which can be considered good and Return on Equity (ROE) was 9.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 94 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MITI Holding ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
Volume
Net sales
Gross profit-7.67-5.00-5.00
EBIT-7.67-5.00-5.00
Net earnings-6.69193.7022.22
Shareholders equity total33.31227.01249.23
Balance sheet total (assets)90.31341.70265.17
Net debt32.8395.86-1.94
Profitability
EBIT-%
ROA-8.5 %92.1 %9.4 %
ROE-20.1 %148.8 %9.3 %
ROI-9.0 %94.2 %9.6 %
Economic value added (EVA)-6.56-4.714.68
Solvency
Equity ratio36.9 %66.4 %94.0 %
Gearing156.1 %48.3 %4.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.11.0
Current ratio1.21.11.0
Cash and cash equivalents19.1813.8312.88
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:9.42%
Rating: 55/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:94.0%
Rating: 75/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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