MICOAT A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 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 | -7 020.21 | 9 029.10 | 1 546.27 | 9 350.42 | 628.42 |
Shareholders equity total | 11 666.36 | 20 695.46 | 21 641.74 | 30 992.16 | 30 620.58 |
Balance sheet total (assets) | 34 733.50 | 34 375.19 | 35 674.11 | 40 043.23 | 32 105.53 |
Net debt | -22 006.65 | -34 245.41 | -35 225.24 | -39 471.77 | -30 644.25 |
Profitability | |||||
EBIT-% | |||||
ROA | 4.8 % | 35.7 % | 6.1 % | 32.0 % | 6.5 % |
ROE | -46.3 % | 55.8 % | 7.3 % | 35.5 % | 2.0 % |
ROI | 7.2 % | 58.1 % | 9.9 % | 45.3 % | 7.4 % |
Economic value added (EVA) | 1 214.51 | 996.97 | 648.68 | 667.83 | 415.36 |
Solvency | |||||
Equity ratio | 33.6 % | 60.2 % | 60.7 % | 77.4 % | 95.4 % |
Gearing | 86.8 % | 0.1 % | 1.8 % | 1.5 % | 3.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.5 | 2.5 | 2.5 | 4.4 | 21.6 |
Current ratio | 1.5 | 2.5 | 2.5 | 4.4 | 21.6 |
Cash and cash equivalents | 32 128.42 | 34 263.09 | 35 609.29 | 39 921.70 | 31 595.30 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
Variable visualization
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