MIRSAD HOLDING APS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MIRSAD HOLDING APS
MIRSAD HOLDING APS (CVR number: 38109790) is a company from ODENSE. The company reported a net sales of -0 mDKK in 2023, demonstrating a decline of -106.9 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: 0.1 mDKK), while net earnings were 76.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.6 %, which can be considered weak and Return on Equity (ROE) was 2.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 73.1 %, 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. MIRSAD HOLDING APS's liquidity measured by quick ratio was 3.9 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 | 252.00 | 770.00 | 851.00 | 352.00 | -24.28 |
Gross profit | 246.00 | 765.00 | 918.00 | 497.00 | 162.75 |
EBIT | 246.00 | 765.00 | 886.00 | 452.00 | 138.23 |
Net earnings | 254.00 | 782.00 | 786.00 | 390.00 | 76.34 |
Shareholders equity total | 1 291.00 | 1 963.00 | 2 636.00 | 2 912.00 | 2 870.58 |
Balance sheet total (assets) | 1 309.00 | 2 067.00 | 3 819.00 | 3 983.00 | 3 928.34 |
Net debt | - 137.00 | - 371.00 | - 659.00 | 239.00 | 279.37 |
Profitability | |||||
EBIT-% | 97.6 % | 99.4 % | 104.1 % | 128.4 % | |
ROA | 20.3 % | 47.0 % | 30.1 % | 11.6 % | 3.6 % |
ROE | 20.8 % | 48.1 % | 34.2 % | 14.1 % | 2.6 % |
ROI | 20.4 % | 47.2 % | 30.3 % | 11.6 % | 3.6 % |
Economic value added (EVA) | 187.02 | 695.58 | 803.30 | 249.56 | -96.34 |
Solvency | |||||
Equity ratio | 98.6 % | 95.0 % | 69.6 % | 73.1 % | 73.1 % |
Gearing | 1.0 % | 4.9 % | 43.5 % | 34.5 % | 33.7 % |
Relative net indebtedness % | -52.4 % | -47.1 % | -73.1 % | 86.4 % | -1518.5 % |
Liquidity | |||||
Quick ratio | 26.6 | 4.5 | 7.6 | 5.3 | 3.9 |
Current ratio | 26.6 | 4.5 | 6.7 | 5.3 | 3.9 |
Cash and cash equivalents | 150.00 | 467.00 | 1 805.00 | 767.00 | 687.91 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 182.9 % | 33.1 % | 177.6 % | 173.3 % | -2062.8 % |
Credit risk | |||||
Credit rating | BBB | A | A | A | BBB |
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