MIGA INVEST ApS — Credit Rating and Financial Key Figures

CVR number: 13839735
Byghøjvej 12, Bellinge 5250 Odense SV

Company information

Official name
MIGA INVEST ApS
Established
1990
Domicile
Bellinge
Company form
Private limited company
Industry

About MIGA INVEST ApS

MIGA INVEST ApS (CVR number: 13839735) is a company from ODENSE. The company recorded a gross profit of 1842.2 kDKK in 2023. The operating profit was 1035.2 kDKK, while net earnings were 726.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.7 %, which can be considered weak and Return on Equity (ROE) was 2.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 66.2 %, 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. MIGA INVEST ApS's liquidity measured by quick ratio was 0.5 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 767.571 452.521 557.131 664.811 842.21
EBIT3 411.363 474.303 777.232 948.331 035.18
Net earnings2 481.132 728.922 928.822 279.79726.48
Shareholders equity total22 470.9723 199.9025 028.7126 808.5027 034.98
Balance sheet total (assets)36 192.1934 567.2840 014.9741 130.6840 824.34
Net debt6 372.704 601.949 574.368 920.518 498.64
Profitability
EBIT-%
ROA8.7 %10.1 %10.4 %7.4 %2.7 %
ROE11.5 %12.0 %12.1 %8.8 %2.7 %
ROI9.5 %10.6 %10.8 %7.7 %2.8 %
Economic value added (EVA)1 353.251 301.321 581.84601.18- 954.60
Solvency
Equity ratio62.1 %67.1 %62.5 %65.2 %66.2 %
Gearing40.8 %29.9 %40.3 %34.1 %31.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.81.60.30.30.5
Current ratio1.81.60.30.30.5
Cash and cash equivalents2 794.692 335.54502.45214.3716.30
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:2.66%
Rating: 33/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:66.2%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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