Mette Friis-Mikkelsen Design ApS
Credit rating
Company information
About Mette Friis-Mikkelsen Design ApS
Mette Friis-Mikkelsen Design ApS (CVR number: 38531050) is a company from KØBENHAVN. The company reported a net sales of 0.2 mDKK in 2019, demonstrating a growth of 455.5 % compared to the previous year. The operating profit percentage was at 28 % (EBIT: 0.1 mDKK), while net earnings were 57.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 107.6 %, which can be considered excellent and Return on Equity (ROE) was 156.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 62.6 %, 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. Mette Friis-Mikkelsen Design ApS's liquidity measured by quick ratio was 2.7 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 financials2017 | 2018 | 2019 | |
---|---|---|---|
Volume | |||
Net sales | 194.08 | 37.26 | 206.97 |
Gross profit | 161.63 | 18.14 | 185.97 |
EBIT | 7.61 | -56.71 | 58.02 |
Net earnings | 6.00 | -56.71 | 57.47 |
Shareholders equity total | 56.00 | -0.71 | 56.76 |
Balance sheet total (assets) | 116.40 | 16.56 | 90.63 |
Net debt | - 114.22 | -15.63 | -76.63 |
Profitability | |||
EBIT-% | 3.9 % | -152.2 % | 28.0 % |
ROA | 6.5 % | -84.9 % | 107.6 % |
ROE | 10.7 % | -156.3 % | 156.8 % |
ROI | 14.2 % | -210.9 % | 199.2 % |
Economic value added (EVA) | 7.61 | -53.79 | 58.29 |
Solvency | |||
Equity ratio | 46.3 % | -4.1 % | 62.6 % |
Gearing | 2.6 % | ||
Relative net indebtedness % | -26.6 % | 4.4 % | -21.4 % |
Liquidity | |||
Quick ratio | 1.9 | 1.0 | 2.7 |
Current ratio | 1.9 | 1.0 | 2.7 |
Cash and cash equivalents | 114.22 | 15.63 | 78.13 |
Capital use efficiency | |||
Trade debtors turnover (days) | 22.0 | ||
Net working capital % | 27.7 % | -1.9 % | 27.4 % |
Credit risk | |||
Credit rating | B | B | B |
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