MIF II Renewables no. 1 GP ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MIF II Renewables no. 1 GP ApS
MIF II Renewables no. 1 GP ApS (CVR number: 43122460) is a company from GENTOFTE. The company reported a net sales of 0 mUSD in 2024, demonstrating a growth of 1.5 % compared to the previous year. The operating profit percentage was at 32.1 % (EBIT: 0 mUSD), while net earnings were 0.1 kUSD. The profitability of the company measured by Return on Assets (ROA) was 16 %, which can be considered excellent but Return on Equity (ROE) was 1.1 %, which can be considered weak. 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. MIF II Renewables no. 1 GP ApS's liquidity measured by quick ratio was 309.8 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 (kUSD)
EBIT (kUSD)
Profitability
Solidity
Key figures (kUSD)
See financials2022 | 2023 | 2024 | |
---|---|---|---|
Volume | |||
Net sales | 2.77 | 2.88 | 2.92 |
Gross profit | 1.09 | 1.02 | 0.94 |
EBIT | 1.09 | 1.02 | 0.94 |
Net earnings | 0.46 | 0.60 | 0.08 |
Shareholders equity total | 6.42 | 7.02 | 7.10 |
Balance sheet total (assets) | 8.16 | 9.06 | 7.13 |
Net debt | -8.16 | -9.06 | -7.13 |
Profitability | |||
EBIT-% | 39.4 % | 35.5 % | 32.1 % |
ROA | 13.4 % | 17.6 % | 16.0 % |
ROE | 7.2 % | 9.0 % | 1.1 % |
ROI | 17.1 % | 22.5 % | 18.3 % |
Economic value added (EVA) | 1.09 | 1.11 | 1.04 |
Solvency | |||
Equity ratio | 78.7 % | 77.6 % | 99.7 % |
Gearing | |||
Relative net indebtedness % | -231.4 % | -244.2 % | -243.3 % |
Liquidity | |||
Quick ratio | 4.7 | 4.5 | 309.8 |
Current ratio | 4.7 | 4.5 | 309.8 |
Cash and cash equivalents | 8.16 | 9.06 | 7.13 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | 231.4 % | 244.2 % | 243.3 % |
Credit risk | |||
Credit rating | BB | BB | C |
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