Credit rating
Company information
About Mikk-Line US ApS
Mikk-Line US ApS (CVR number: 31616379) is a company from VEJEN. The company recorded a gross profit of -43.1 kDKK in 2019. The operating profit was -43.1 kDKK, while net earnings were -33.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -14.7 %, which can be considered poor and Return on Equity (ROE) was -26.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 34.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Mikk-Line US ApS's liquidity measured by quick ratio was 1.5 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 financials2016 | 2017 | 2018 | 2019 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | 9.17 | 7.80 | 7.95 | -43.13 |
EBIT | 9.17 | 7.80 | 7.95 | -43.13 |
Net earnings | 7.04 | 6.09 | 6.21 | -33.65 |
Shareholders equity total | 132.74 | 138.83 | 145.03 | 111.38 |
Balance sheet total (assets) | 171.88 | 149.32 | 262.01 | 325.15 |
Net debt | -16.35 | -19.07 | 108.21 | 206.95 |
Profitability | ||||
EBIT-% | ||||
ROA | 5.3 % | 4.9 % | 3.9 % | -14.7 % |
ROE | 5.3 % | 4.5 % | 4.4 % | -26.2 % |
ROI | 5.6 % | 5.1 % | 4.0 % | -15.1 % |
Economic value added (EVA) | 7.15 | 1.77 | 0.29 | -40.93 |
Solvency | ||||
Equity ratio | 77.2 % | 93.0 % | 55.4 % | 34.3 % |
Gearing | 22.9 % | 1.4 % | 74.8 % | 185.8 % |
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 4.4 | 14.2 | 2.2 | 1.5 |
Current ratio | 4.4 | 14.2 | 2.2 | 1.5 |
Cash and cash equivalents | 46.71 | 21.05 | 0.23 | 0.02 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | B | B | B | B |
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