MITAS Holding ApS — Credit Rating and Financial Key Figures

CVR number: 39961709
Klokkestøbervej 29, 5230 Odense M
mikkel@tastesen.dk
tel: 42230801
mikkel.biz
Free credit report Annual report

Credit rating

Company information

Official name
MITAS Holding ApS
Personnel
1 person
Established
2018
Company form
Private limited company
Industry

About MITAS Holding ApS

MITAS Holding ApS (CVR number: 39961709) is a company from ODENSE. The company recorded a gross profit of -7.8 kDKK in 2024. The operating profit was -24.7 kDKK, while net earnings were -283.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.7 %, which can be considered weak but Return on Equity (ROE) was -31.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 65.4 %, 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. MITAS Holding ApS's liquidity measured by quick ratio was 2.7 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit6.58-46.39-21.53-11.74-7.84
EBIT- 164.13- 170.90-42.73-32.66-24.72
Net earnings27.67-77.0289.64272.96- 283.79
Shareholders equity total734.48657.46747.101 035.39751.61
Balance sheet total (assets)763.46683.72788.051 160.011 149.52
Net debt- 634.46- 519.68- 597.06- 972.83388.96
Profitability
EBIT-%
ROA3.9 %-7.3 %17.4 %37.0 %0.7 %
ROE3.8 %-11.1 %12.8 %30.6 %-31.8 %
ROI4.6 %-7.5 %18.1 %40.0 %0.7 %
Economic value added (EVA)- 178.45- 208.15-63.52-62.96-71.60
Solvency
Equity ratio96.2 %96.2 %94.8 %89.3 %65.4 %
Gearing0.9 %1.0 %0.5 %1.3 %52.1 %
Relative net indebtedness %
Liquidity
Quick ratio22.322.117.38.82.7
Current ratio22.322.117.38.82.7
Cash and cash equivalents641.30526.52600.81986.232.66
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:0.67%
Rating: 23/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:65.4%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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