MIVICE HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MIVICE HOLDING ApS
MIVICE HOLDING ApS (CVR number: 34046506) is a company from SILKEBORG. The company recorded a gross profit of -69.4 kDKK in 2023. The operating profit was -69.4 kDKK, while net earnings were 360.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.2 %, which can be considered decent but Return on Equity (ROE) was 3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MIVICE HOLDING ApS's liquidity measured by quick ratio was 3 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 | 994.00 | 412.00 | 14 106.00 | ||
Gross profit | 988.00 | 393.00 | 14 072.00 | -94.00 | -69.45 |
EBIT | 988.00 | 393.00 | 14 072.00 | -94.00 | -69.45 |
Net earnings | 1 009.00 | 421.00 | 13 261.00 | 408.00 | 360.68 |
Shareholders equity total | 3 090.00 | 3 400.00 | 12 947.00 | 12 016.00 | 11 675.95 |
Balance sheet total (assets) | 4 292.00 | 4 329.00 | 12 960.00 | 12 031.00 | 11 692.97 |
Net debt | 226.00 | 116.00 | - 318.00 | - 124.00 | -51.72 |
Profitability | |||||
EBIT-% | 99.4 % | 95.4 % | 99.8 % | ||
ROA | 30.2 % | 10.1 % | 163.2 % | 3.3 % | 4.2 % |
ROE | 38.2 % | 13.0 % | 162.2 % | 3.3 % | 3.0 % |
ROI | 30.3 % | 10.1 % | 163.3 % | 3.3 % | 3.2 % |
Economic value added (EVA) | 953.78 | 342.25 | 14 008.36 | - 726.80 | - 665.15 |
Solvency | |||||
Equity ratio | 72.0 % | 78.5 % | 99.9 % | 99.9 % | 99.9 % |
Gearing | 9.5 % | 10.1 % | |||
Relative net indebtedness % | 114.1 % | 170.4 % | -2.2 % | ||
Liquidity | |||||
Quick ratio | 0.2 | 0.7 | 24.5 | 8.3 | 3.0 |
Current ratio | 0.2 | 0.7 | 24.5 | 8.3 | 3.0 |
Cash and cash equivalents | 68.00 | 227.00 | 318.00 | 124.00 | 51.72 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -23.3 % | -29.6 % | 2.2 % | ||
Credit risk | |||||
Credit rating | A | A | BBB | A | BBB |
Variable visualization
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