MIKE 2018 ApS — Credit Rating and Financial Key Figures

CVR number: 39712725
Ove Gjeddes Vej 5, 5220 Odense SØ

Credit rating

Company information

Official name
MIKE 2018 ApS
Established
2018
Company form
Private limited company
Industry

About MIKE 2018 ApS

MIKE 2018 ApS (CVR number: 39712725) is a company from ODENSE. The company recorded a gross profit of -7 kDKK in 2024. The operating profit was -7 kDKK, while net earnings were 190.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.3 %, which can be considered good and Return on Equity (ROE) was 13.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 93.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MIKE 2018 ApS's liquidity measured by quick ratio was 0.7 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-2.50-2.50-2.50-2.50-6.99
EBIT-2.50-2.50-2.50-2.50-6.99
Net earnings626.54568.16366.6044.84190.35
Shareholders equity total1 272.651 727.811 584.401 449.241 459.59
Balance sheet total (assets)1 470.091 930.831 727.791 593.071 566.03
Net debt123.3246.6859.78135.6681.10
Profitability
EBIT-%
ROA52.2 %33.4 %20.2 %3.5 %12.3 %
ROE61.7 %37.9 %22.1 %3.0 %13.1 %
ROI57.6 %35.5 %21.3 %3.5 %12.4 %
Economic value added (EVA)22.2348.0540.9342.9757.25
Solvency
Equity ratio86.6 %89.5 %91.7 %91.0 %93.2 %
Gearing9.7 %4.2 %5.4 %9.8 %5.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.02.40.70.60.7
Current ratio1.02.40.70.60.7
Cash and cash equivalents26.5526.466.171.78
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAABBBBBB

Variable visualization

ROA:12.3%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:93.2%
Rating: 74/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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