MIFIF III GP ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MIFIF III GP ApS
MIFIF III GP ApS (CVR number: 39394391) is a company from KØBENHAVN. The company reported a net sales of 3.8 mUSD in 2023, demonstrating a decline of -5.7 % compared to the previous year. The operating profit percentage was poor at -0 % (EBIT: -0 mUSD), while net earnings were -0.5 kUSD. The profitability of the company measured by Return on Assets (ROA) was -0 %, which can be considered poor and Return on Equity (ROE) was -36.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 29.4 %, 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. MIFIF III GP ApS's liquidity measured by quick ratio was 684.9 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 (kUSD)
EBIT (kUSD)
Profitability
Solidity
Key figures (kUSD)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 82.10 | 2 761.83 | 4 600.25 | 3 984.21 | 3 757.17 |
Gross profit | -2.48 | -2.91 | -2.68 | -2.97 | -0.69 |
EBIT | -2.48 | -2.91 | -2.68 | -2.97 | -0.69 |
Net earnings | -2.08 | -1.03 | -1.24 | -1.69 | -0.50 |
Shareholders equity total | 5.59 | 4.56 | 3.31 | 1.63 | 1.13 |
Balance sheet total (assets) | 89.98 | 682.40 | 1 749.03 | 1 845.49 | 1 850.60 |
Net debt | -7.25 | -6.82 | -5.33 | -3.44 | -0.98 |
Profitability | |||||
EBIT-% | -3.0 % | -0.1 % | -0.1 % | -0.1 % | -0.0 % |
ROA | -4.9 % | -0.1 % | -0.1 % | -0.1 % | -0.0 % |
ROE | -31.4 % | -20.3 % | -31.6 % | -68.3 % | -36.5 % |
ROI | -36.9 % | -10.3 % | -38.0 % | -81.5 % | -2.1 % |
Economic value added (EVA) | -2.87 | -2.83 | -2.57 | -2.87 | -0.60 |
Solvency | |||||
Equity ratio | 6.2 % | 63.9 % | 58.4 % | 41.8 % | 29.4 % |
Gearing | |||||
Relative net indebtedness % | 94.0 % | 24.3 % | 37.8 % | 46.2 % | 49.2 % |
Liquidity | |||||
Quick ratio | 1.1 | 265.6 | 742.1 | 813.0 | 684.9 |
Current ratio | 1.1 | 1.0 | 1.0 | 1.0 | 1.0 |
Cash and cash equivalents | 7.25 | 6.82 | 5.33 | 3.44 | 0.98 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 6.8 % | 0.2 % | 0.1 % | 0.0 % | 0.0 % |
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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