MITCO ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MITCO ApS
MITCO ApS (CVR number: 55160619K) is a company from KØBENHAVN. The company reported a net sales of 52.5 mDKK in 2018, demonstrating a growth of 29.6 % compared to the previous year. The operating profit percentage was poor at -64.4 % (EBIT: -33.8 mDKK), while net earnings were -23.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 0.6 %, which can be considered weak but Return on Equity (ROE) was -1.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 79.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. MITCO ApS'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 financials2017 | 2018 | |
---|---|---|
Volume | ||
Net sales | 40 494.00 | 52 460.00 |
Gross profit | 1 673.00 | 5 638.00 |
EBIT | -30 005.00 | -33 793.00 |
Net earnings | 38 954.00 | -23 630.00 |
Shareholders equity total | 1 293 149.00 | 1 269 519.00 |
Balance sheet total (assets) | 1 643 755.00 | 1 605 078.00 |
Net debt | - 205 533.00 | - 190 822.00 |
Profitability | ||
EBIT-% | -74.1 % | -64.4 % |
ROA | 3.5 % | 0.6 % |
ROE | 3.0 % | -1.9 % |
ROI | 3.6 % | 0.7 % |
Economic value added (EVA) | -24 750.96 | - 108 885.45 |
Solvency | ||
Equity ratio | 78.7 % | 79.1 % |
Gearing | 22.5 % | 22.3 % |
Relative net indebtedness % | -360.9 % | -262.8 % |
Liquidity | ||
Quick ratio | 2.5 | 2.3 |
Current ratio | 2.5 | 2.3 |
Cash and cash equivalents | 496 761.00 | 473 401.00 |
Capital use efficiency | ||
Trade debtors turnover (days) | 14.9 | 4.7 |
Net working capital % | -326.1 % | -286.6 % |
Credit risk | ||
Credit rating | AA | A |
Variable visualization
Roles
Companies in the same industry
- Professional credit risk reports
- Create your own estimates for any company
- Valuation analysis
- All 400,000+ Danish companies
- See instructions

... and more!
No registration needed.