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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 3.7 mUSD in 2024, demonstrating a decline of -1.5 % compared to the previous year. The operating profit percentage was poor at -0.1 % (EBIT: -0 mUSD), while net earnings were -3 kUSD. The profitability of the company measured by Return on Assets (ROA) was -0.2 %, which can be considered poor and Return on Equity (ROE) was -64.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 75.9 %, 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. MIFIF III GP ApS's liquidity measured by quick ratio was 401 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 2 761.83 | 4 600.25 | 3 984.21 | 3 757.17 | 3 699.55 |
| Gross profit | -2.91 | -2.68 | -2.97 | -0.69 | -3.94 |
| EBIT | -2.91 | -2.68 | -2.97 | -0.69 | -3.94 |
| Net earnings | -1.03 | -1.24 | -1.69 | -0.50 | -3.03 |
| Shareholders equity total | 4.56 | 3.31 | 1.63 | 1.13 | 8.27 |
| Balance sheet total (assets) | 682.40 | 1 749.03 | 1 845.49 | 1 850.60 | 1 051.03 |
| Net debt | -6.82 | -5.33 | -3.44 | -0.98 | -7.25 |
| Profitability | |||||
| EBIT-% | -0.1 % | -0.1 % | -0.1 % | -0.0 % | -0.1 % |
| ROA | -0.1 % | -0.1 % | -0.1 % | -0.0 % | -0.2 % |
| ROE | -20.3 % | -31.6 % | -68.3 % | -36.5 % | -64.5 % |
| ROI | -10.3 % | -38.0 % | -81.5 % | -2.1 % | -69.0 % |
| Economic value added (EVA) | -3.19 | -2.91 | -3.14 | -0.77 | -4.00 |
| Solvency | |||||
| Equity ratio | 63.9 % | 58.4 % | 41.8 % | 29.4 % | 75.9 % |
| Gearing | |||||
| Relative net indebtedness % | 24.3 % | 37.8 % | 46.2 % | 49.2 % | 28.0 % |
| Liquidity | |||||
| Quick ratio | 265.6 | 742.1 | 813.0 | 684.9 | 401.0 |
| Current ratio | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 |
| Cash and cash equivalents | 6.82 | 5.33 | 3.44 | 0.98 | 7.25 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | 0.2 % | 0.1 % | 0.0 % | 0.0 % | 0.2 % |
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BB |
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