MICOAT A/S — Credit Rating and Financial Key Figures

CVR number: 81796912
Pakhusstræde 11, 4300 Holbæk

Credit rating

Company information

Official name
MICOAT A/S
Established
1977
Company form
Limited company
Industry

About MICOAT A/S

MICOAT A/S (CVR number: 81796912) is a company from HOLBÆK. The company recorded a gross profit of -43 kDKK in 2022. The operating profit was -43 kDKK, while net earnings were 628.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.5 %, which can be considered decent but Return on Equity (ROE) was 2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 95.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MICOAT A/S's liquidity measured by quick ratio was 21.6 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
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit-41.47-40.11-42.47-43.65-43.04
EBIT-41.47-40.11-42.47-43.65-43.04
Net earnings-7 020.219 029.101 546.279 350.42628.42
Shareholders equity total11 666.3620 695.4621 641.7430 992.1630 620.58
Balance sheet total (assets)34 733.5034 375.1935 674.1140 043.2332 105.53
Net debt-22 006.65-34 245.41-35 225.24-39 471.77-30 644.25
Profitability
EBIT-%
ROA4.8 %35.7 %6.1 %32.0 %6.5 %
ROE-46.3 %55.8 %7.3 %35.5 %2.0 %
ROI7.2 %58.1 %9.9 %45.3 %7.4 %
Economic value added (EVA)1 214.51996.97648.68667.83415.36
Solvency
Equity ratio33.6 %60.2 %60.7 %77.4 %95.4 %
Gearing86.8 %0.1 %1.8 %1.5 %3.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.52.52.54.421.6
Current ratio1.52.52.54.421.6
Cash and cash equivalents32 128.4234 263.0935 609.2939 921.7031 595.30
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:6.50%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.4%
Rating: 76/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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