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MIH Fjernvarme ApS — Credit Rating and Financial Key Figures

CVR number: 42962759
Uplandsgade 68, 2300 København S
tel: 70777888
Free credit report Annual report

Credit rating

Company information

Official name
MIH Fjernvarme ApS
Personnel
36 persons
Established
2022
Company form
Private limited company
Industry

About MIH Fjernvarme ApS

MIH Fjernvarme ApS (CVR number: 42962759) is a company from KØBENHAVN. The company recorded a gross profit of 26.6 mDKK in 2024. The operating profit was 8920.3 kDKK, while net earnings were 6967 kDKK. The profitability of the company measured by Return on Assets (ROA) was 69 %, which can be considered excellent and Return on Equity (ROE) was 105 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 53.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. MIH Fjernvarme ApS's liquidity measured by quick ratio was 2.9 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2022
2023
2024
Volume
Net sales
Gross profit19 261.2420 658.0826 607.94
EBIT4 694.396 989.968 920.31
Net earnings3 648.235 456.426 966.98
Shareholders equity total3 698.235 654.657 621.63
Balance sheet total (assets)7 458.7111 710.2514 278.75
Net debt-2 911.95-6 094.70-5 332.98
Profitability
EBIT-%
ROA62.9 %73.1 %69.0 %
ROE98.6 %116.7 %105.0 %
ROI126.6 %149.5 %134.6 %
Economic value added (EVA)3 649.665 259.496 652.45
Solvency
Equity ratio49.6 %49.1 %53.4 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio2.61.92.9
Current ratio2.71.92.9
Cash and cash equivalents2 911.956 094.705 332.98
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:69.0%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:53.4%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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