MIMI KINNERET EVAR INVEST ApS — Credit Rating and Financial Key Figures

CVR number: 33765983
Bækkelundsvej 45 A, 8240 Risskov
kinneret.evar@gmail.com
tel: 29702425

Credit rating

Company information

Official name
MIMI KINNERET EVAR INVEST ApS
Established
2011
Company form
Private limited company
Industry

About MIMI KINNERET EVAR INVEST ApS

MIMI KINNERET EVAR INVEST ApS (CVR number: 33765983) is a company from AARHUS. The company recorded a gross profit of -83.3 kDKK in 2019. The operating profit was -83.3 kDKK, while net earnings were 159.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.1 %, which can be considered decent but Return on Equity (ROE) was 3.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at -2.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. MIMI KINNERET EVAR INVEST ApS's liquidity measured by quick ratio was 0.4 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
2016
2017
2018
2019
Volume
Net sales
Gross profit-19.24-66.72-73.80-83.28
EBIT-19.24-66.72-73.80-83.28
Net earnings- 100.304.18- 298.00159.22
Shareholders equity total12.6416.82- 281.18- 121.96
Balance sheet total (assets)957.315 344.835 052.665 011.26
Net debt647.295 070.122 911.853 158.42
Profitability
EBIT-%
ROA-8.4 %2.5 %-3.5 %5.1 %
ROE-793.3 %28.3 %-11.8 %3.2 %
ROI-8.5 %2.6 %-3.6 %5.1 %
Economic value added (EVA)-19.24-38.22-64.4949.75
Solvency
Equity ratio1.3 %0.3 %-5.3 %-2.4 %
Gearing7392.1 %31342.5 %-1877.1 %-4163.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.00.50.4
Current ratio0.30.00.50.4
Cash and cash equivalents287.37202.012 366.111 918.93
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:5.08%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-2.38%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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