MIP MANAGEMENT ApS — Credit Rating and Financial Key Figures

CVR number: 27188850
Gammel Kongevej 11, 1610 København V
mip@mipmanagement.com
tel: 20254812
www.mipmanagement.com

Credit rating

Company information

Official name
MIP MANAGEMENT ApS
Personnel
1 person
Established
2003
Company form
Private limited company
Industry
  • Expand more icon702000

About MIP MANAGEMENT ApS

MIP MANAGEMENT ApS (CVR number: 27188850) is a company from KØBENHAVN. The company reported a net sales of 0.4 mDKK in 2023, demonstrating a growth of 33.6 % compared to the previous year. The operating profit percentage was at 7 % (EBIT: 0 mDKK), while net earnings were 29.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17 %, which can be considered excellent and Return on Equity (ROE) was 68.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -83.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. MIP MANAGEMENT ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales135.42490.54836.47321.73429.72
Gross profit- 101.09255.22689.33261.23333.31
EBIT- 101.09255.22182.14- 253.5929.93
Net earnings-97.89- 136.05182.13- 253.5929.91
Shareholders equity total59.59-76.19105.94- 147.65- 117.74
Balance sheet total (assets)760.51408.51439.6462.8323.93
Net debt553.86306.11-66.0118.3235.13
Profitability
EBIT-%-74.6 %52.0 %21.8 %-78.8 %7.0 %
ROA-4.2 %41.0 %39.4 %-78.0 %17.0 %
ROE-90.1 %-58.1 %70.8 %-300.5 %68.9 %
ROI-4.4 %52.1 %87.2 %-381.1 %82.9 %
Economic value added (EVA)- 103.25259.92192.02- 249.8343.56
Solvency
Equity ratio7.8 %-15.7 %24.1 %-70.1 %-83.1 %
Gearing993.9 %-409.2 %-18.4 %-38.3 %
Relative net indebtedness %489.0 %97.7 %32.0 %62.7 %30.7 %
Liquidity
Quick ratio1.10.10.40.20.1
Current ratio1.10.10.40.20.1
Cash and cash equivalents38.415.6866.018.839.93
Capital use efficiency
Trade debtors turnover (days)22.444.935.145.4
Net working capital %45.6 %-85.4 %-22.4 %-50.2 %-30.7 %
Credit risk
Credit ratingBBBBBCB

Variable visualization

ROA:17.0%
Rating: 69/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-83.1%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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