MITAS Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 6.58 | -46.39 | -21.53 | -11.74 | -7.84 |
EBIT | - 164.13 | - 170.90 | -42.73 | -32.66 | -24.72 |
Net earnings | 27.67 | -77.02 | 89.64 | 272.96 | - 283.79 |
Shareholders equity total | 734.48 | 657.46 | 747.10 | 1 035.39 | 751.61 |
Balance sheet total (assets) | 763.46 | 683.72 | 788.05 | 1 160.01 | 1 149.52 |
Net debt | - 634.46 | - 519.68 | - 597.06 | - 972.83 | 388.96 |
Profitability | |||||
EBIT-% | |||||
ROA | 3.9 % | -7.3 % | 17.4 % | 37.0 % | 0.7 % |
ROE | 3.8 % | -11.1 % | 12.8 % | 30.6 % | -31.8 % |
ROI | 4.6 % | -7.5 % | 18.1 % | 40.0 % | 0.7 % |
Economic value added (EVA) | - 178.45 | - 208.15 | -63.52 | -62.96 | -71.60 |
Solvency | |||||
Equity ratio | 96.2 % | 96.2 % | 94.8 % | 89.3 % | 65.4 % |
Gearing | 0.9 % | 1.0 % | 0.5 % | 1.3 % | 52.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 22.3 | 22.1 | 17.3 | 8.8 | 2.7 |
Current ratio | 22.3 | 22.1 | 17.3 | 8.8 | 2.7 |
Cash and cash equivalents | 641.30 | 526.52 | 600.81 | 986.23 | 2.66 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BB | BBB | BBB |
Variable visualization
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