Mike 1973 ApS — Credit Rating and Financial Key Figures

CVR number: 37862525
Vintervej 18, 2920 Charlottenlund
m@milkcontemporary.com
tel: 40565427
www.milkcontemporary.com

Company information

Official name
Mike 1973 ApS
Personnel
1 person
Established
2016
Company form
Private limited company
Industry

About Mike 1973 ApS

Mike 1973 ApS (CVR number: 37862525) is a company from GENTOFTE. The company recorded a gross profit of 219.7 kDKK in 2023. The operating profit was 165.6 kDKK, while net earnings were 163.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.5 %, which can be considered excellent and Return on Equity (ROE) was 33.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -42.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Mike 1973 ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit261.54-85.83- 399.57- 361.00219.72
EBIT- 563.33- 432.26- 732.26- 640.00165.57
Net earnings- 473.88- 449.16- 720.22- 648.00163.46
Shareholders equity total1 214.51765.3545.13- 603.00- 439.11
Balance sheet total (assets)2 606.01968.03778.60381.00585.24
Net debt49.67-99.82- 169.87-19.00-73.66
Profitability
EBIT-%
ROA-22.7 %-24.2 %-81.8 %-72.6 %16.5 %
ROE-31.5 %-45.4 %-177.7 %-304.1 %33.8 %
ROI-35.0 %-42.1 %-176.2 %-2836.2 %11278.3 %
Economic value added (EVA)- 515.75- 498.04- 765.70- 633.73196.82
Solvency
Equity ratio46.6 %79.1 %5.8 %-61.3 %-42.9 %
Gearing5.9 %-0.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.20.80.30.00.6
Current ratio1.42.10.50.22.1
Cash and cash equivalents21.9099.82169.8719.0076.59
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:16.5%
Rating: 68/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-42.9%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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