MI-CH HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MI-CH HOLDING ApS
MI-CH HOLDING ApS (CVR number: 32677673) is a company from GLOSTRUP. The company reported a net sales of -1.7 mDKK in 2023, demonstrating a decline of -270.9 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: -1.7 mDKK), while net earnings were -1687.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -23.4 %, which can be considered poor and Return on Equity (ROE) was -23.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MI-CH HOLDING ApS's liquidity measured by quick ratio was 301.9 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 | 133.06 | 374.45 | 692.27 | 978.84 | -1 673.04 |
Gross profit | 121.62 | 353.69 | 687.26 | 972.96 | -1 697.97 |
EBIT | 121.62 | 353.69 | 687.26 | 972.96 | -1 697.97 |
Net earnings | 154.59 | 548.34 | 698.10 | 973.68 | -1 687.84 |
Shareholders equity total | 7 656.85 | 8 205.19 | 7 103.29 | 8 076.97 | 6 389.13 |
Balance sheet total (assets) | 7 671.47 | 11 934.87 | 7 152.31 | 8 079.48 | 6 410.76 |
Net debt | -1 738.41 | - 679.91 | - 155.88 | - 104.98 | -98.79 |
Profitability | |||||
EBIT-% | 91.4 % | 94.5 % | 99.3 % | 99.4 % | |
ROA | 2.1 % | 6.1 % | 7.4 % | 12.8 % | -23.4 % |
ROE | 2.0 % | 6.9 % | 9.1 % | 12.8 % | -23.3 % |
ROI | 2.1 % | 7.5 % | 9.2 % | 12.8 % | -23.4 % |
Economic value added (EVA) | 212.90 | 410.02 | 847.94 | 976.88 | -1 693.72 |
Solvency | |||||
Equity ratio | 99.8 % | 68.7 % | 99.3 % | 100.0 % | 99.7 % |
Gearing | 0.0 % | ||||
Relative net indebtedness % | -1295.5 % | 814.5 % | -15.8 % | -10.5 % | 4.6 % |
Liquidity | |||||
Quick ratio | 119.3 | 0.3 | 3.3 | 42.6 | 301.9 |
Current ratio | 119.3 | 0.3 | 3.3 | 42.6 | 301.9 |
Cash and cash equivalents | 1 738.41 | 679.91 | 158.10 | 104.98 | 98.79 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 77.2 % | -773.2 % | 16.0 % | 10.6 % | -381.9 % |
Credit risk | |||||
Credit rating | A | AA | AA | A | BB |
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