Mitigating ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Mitigating ApS
Mitigating ApS (CVR number: 39514729) is a company from KØBENHAVN. The company recorded a gross profit of -15 kDKK in 2023. The operating profit was -15 kDKK, while net earnings were -11.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.5 %, which can be considered poor and Return on Equity (ROE) was -23.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 20.5 %, 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. Mitigating ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 20.00 | -55.00 | -41.59 | 705.92 | -15.01 |
EBIT | 20.00 | -55.00 | - 518.92 | 705.92 | -15.01 |
Net earnings | -1.00 | -54.00 | - 548.10 | 823.23 | -11.71 |
Shareholders equity total | - 164.00 | - 219.00 | - 766.90 | 56.33 | 44.61 |
Balance sheet total (assets) | 612.00 | 684.00 | 227.75 | 98.68 | 217.23 |
Net debt | 758.00 | 754.00 | 824.11 | -98.68 | -46.03 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.8 % | -6.6 % | -54.7 % | 129.1 % | -9.5 % |
ROE | -0.2 % | -8.3 % | -120.2 % | 579.6 % | -23.2 % |
ROI | 2.9 % | -6.7 % | -55.9 % | 136.3 % | -29.7 % |
Economic value added (EVA) | 28.19 | -34.75 | - 515.71 | 869.97 | -9.58 |
Solvency | |||||
Equity ratio | -21.1 % | -24.3 % | -77.1 % | 57.1 % | 20.5 % |
Gearing | -462.8 % | -400.9 % | -127.7 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.2 | 0.2 | 0.2 | 3.5 | 1.3 |
Current ratio | 0.2 | 0.2 | 0.2 | 3.5 | 1.3 |
Cash and cash equivalents | 1.00 | 124.00 | 155.55 | 98.68 | 46.03 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BB | C | BB |
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