M.I.T. ApS

CVR number: 21332844
Ermelundsvej 116 B, 2820 Gentofte
tel: 23260726

Credit rating

Company information

Official name
M.I.T. ApS
Personnel
1 person
Established
1998
Company form
Private limited company
Industry
  • Expand more icon62Computer programming, consultancy and related activities

About M.I.T. ApS

M.I.T. ApS (CVR number: 21332844) is a company from GENTOFTE. The company recorded a gross profit of 1516.5 kDKK in 2019. The operating profit was 858.9 kDKK, while net earnings were 988.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 38.2 %, which can be considered excellent and Return on Equity (ROE) was 32.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 91.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. M.I.T. ApS's liquidity measured by quick ratio was 12.2 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016201720182019
Volume
Net sales
Gross profit1 403.701 350.651 284.661 516.49
EBIT743.800.80467.67858.95
Net earnings593.76108.99303.68988.28
Shareholders equity total2 521.622 527.212 725.093 413.37
Balance sheet total (assets)2 713.362 693.092 924.913 716.98
Net debt-2 291.76-2 357.97-2 504.79-3 384.87
Profitability
EBIT-%
ROA31.0 %5.0 %20.5 %38.2 %
ROE23.5 %4.3 %11.6 %32.2 %
ROI33.4 %5.3 %21.8 %41.2 %
Economic value added (EVA)575.83-10.90354.99659.72
Solvency
Equity ratio92.9 %93.8 %93.2 %91.8 %
Gearing0.3 %0.5 %0.3 %
Relative net indebtedness %
Liquidity
Quick ratio14.216.214.612.2
Current ratio14.216.214.612.2
Cash and cash equivalents2 291.762 364.632 519.383 396.72
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:38.2%
Rating: 88/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:91.8%
Rating: 72/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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