MIHE Ejendomme ApS — Credit Rating and Financial Key Figures

CVR number: 41928301
Friis Hansens Vej 5, 7100 Vejle

Credit rating

Company information

Official name
MIHE Ejendomme ApS
Established
2020
Company form
Private limited company
Industry

About MIHE Ejendomme ApS

MIHE Ejendomme ApS (CVR number: 41928301) is a company from VEJLE. The company recorded a gross profit of 50.9 kDKK in 2024. The operating profit was 33.5 kDKK, while net earnings were -2.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3 %, which can be considered weak but Return on Equity (ROE) was -0.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 38.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. MIHE Ejendomme ApS's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
Volume
Net sales
Gross profit21.6010.8613.9350.94
EBIT15.58-5.63-3.4933.52
Net earnings0.98-31.46-26.51-2.59
Shareholders equity total500.98469.52443.02440.43
Balance sheet total (assets)1 072.011 120.911 113.591 144.89
Net debt555.35535.99600.11602.41
Profitability
EBIT-%
ROA1.5 %-0.5 %-0.3 %3.0 %
ROE0.2 %-6.5 %-5.8 %-0.6 %
ROI1.5 %-0.5 %-0.3 %3.0 %
Economic value added (EVA)15.58-30.80-21.8914.20
Solvency
Equity ratio46.7 %41.9 %39.8 %38.5 %
Gearing110.9 %136.2 %148.7 %156.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.20.20.2
Current ratio0.20.20.20.2
Cash and cash equivalents103.4058.4688.57
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:2.98%
Rating: 35/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:38.5%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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