MICA INVEST A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About MICA INVEST A/S
MICA INVEST A/S (CVR number: 21125474) is a company from SVENDBORG. The company reported a net sales of 1.5 mDKK in 2023, demonstrating a decline of -5.6 % compared to the previous year. The operating profit percentage was at 68.3 % (EBIT: 1.1 mDKK), while net earnings were 35.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 16.3 %, which can be considered excellent but Return on Equity (ROE) was 13.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 96.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MICA INVEST A/S's liquidity measured by quick ratio was 3.3 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 515.45 | 1 459.99 | 1 499.04 | 1 637.28 | 1 545.94 |
Gross profit | 1 112.45 | 1 025.75 | 1 058.67 | 1 254.69 | 1 117.26 |
EBIT | 1 051.35 | 964.66 | 997.57 | 1 193.59 | 1 056.16 |
Net earnings | 31 102.27 | 25 703.38 | 44 281.51 | -16 258.42 | 35 713.24 |
Shareholders equity total | 205 034.30 | 230 737.68 | 275 019.19 | 258 760.77 | 254 474.01 |
Balance sheet total (assets) | 228 144.99 | 248 863.14 | 294 558.07 | 261 211.95 | 263 856.73 |
Net debt | 12 398.53 | 5 168.19 | -1 069.76 | - 782.77 | - 841.39 |
Profitability | |||||
EBIT-% | 69.4 % | 66.1 % | 66.5 % | 72.9 % | 68.3 % |
ROA | 19.8 % | 14.5 % | 21.9 % | 2.8 % | 16.3 % |
ROE | 16.4 % | 11.8 % | 17.5 % | -6.1 % | 13.9 % |
ROI | 20.2 % | 15.0 % | 22.8 % | 2.9 % | 16.6 % |
Economic value added (EVA) | -7 908.68 | -9 534.87 | -10 811.78 | -12 785.50 | -12 084.01 |
Solvency | |||||
Equity ratio | 89.9 % | 92.7 % | 93.4 % | 99.1 % | 96.4 % |
Gearing | 6.3 % | 2.6 % | |||
Relative net indebtedness % | 1237.3 % | 922.6 % | 872.3 % | 3.7 % | 367.6 % |
Liquidity | |||||
Quick ratio | 0.1 | 0.6 | 2.3 | 47.3 | 3.3 |
Current ratio | 0.1 | 0.6 | 2.3 | 47.3 | 3.3 |
Cash and cash equivalents | 556.15 | 732.34 | 1 069.76 | 782.77 | 841.39 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -1147.4 % | -361.0 % | 1214.3 % | 2388.1 % | 990.2 % |
Credit risk | |||||
Credit rating | AA | AA | AA | AA | AAA |
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