MAIK'S CORNER ApS — Credit Rating and Financial Key Figures

CVR number: 12309961
Noorlernut 37 A, 3900 Nuuk
maik@maik.dk
tel: 487727

Credit rating

Company information

Official name
MAIK'S CORNER ApS
Established
2006
Company form
Private limited company
Industry
  • Expand more icon962100

About MAIK'S CORNER ApS

MAIK'S CORNER ApS (CVR number: 12309961) is a company from SERMERSOOQ. The company recorded a gross profit of 698.6 kDKK in 2024. The operating profit was -65.1 kDKK, while net earnings were -208.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.2 %, which can be considered poor and Return on Equity (ROE) was -20.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 19.4 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. MAIK'S CORNER ApS's liquidity measured by quick ratio was 2.2 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit389.7923.63673.90751.87698.62
EBIT- 118.51- 628.69150.28- 306.24-65.09
Net earnings- 374.44-95.15898.80- 387.01- 208.55
Shareholders equity total687.44592.291 491.091 104.08895.53
Balance sheet total (assets)5 037.514 961.714 650.064 910.574 626.38
Net debt3 829.643 162.382 363.892 793.983 001.11
Profitability
EBIT-%
ROA-2.4 %-4.0 %23.3 %-6.4 %-1.2 %
ROE-42.8 %-14.9 %86.3 %-29.8 %-20.9 %
ROI-2.5 %-4.2 %24.8 %-6.6 %-1.3 %
Economic value added (EVA)- 303.19- 667.57-43.44- 422.91- 234.85
Solvency
Equity ratio13.6 %11.9 %32.1 %22.5 %19.4 %
Gearing582.3 %659.1 %191.0 %324.1 %390.3 %
Relative net indebtedness %
Liquidity
Quick ratio4.51.42.32.82.2
Current ratio4.81.52.73.12.6
Cash and cash equivalents173.34741.67483.42783.90494.17
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:-1.25%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:19.4%
Rating: 19/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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