MI af 29. september 2022 ApS

CVR number: 42032204
Grønningen 15, 8620 Kjellerup

Credit rating

Company information

Official name
MI af 29. september 2022 ApS
Personnel
9 persons
Established
2021
Company form
Private limited company
Industry
  • Expand more icon29Manufacture of motor vehicles, trailers and semi-trailers

About MI af 29. september 2022 ApS

MI af 29. september 2022 ApS (CVR number: 42032204) is a company from SILKEBORG. The company recorded a gross profit of 2670.9 kDKK in 2021. The operating profit was 154.7 kDKK, while net earnings were 33.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.2 %, which can be considered weak but Return on Equity (ROE) was 45.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 1.5 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. MI af 29. september 2022 ApS's liquidity measured by quick ratio was 0.2 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
2021
Volume
Net sales
Gross profit2 670.89
EBIT154.73
Net earnings33.70
Shareholders equity total73.70
Balance sheet total (assets)4 819.77
Net debt3 676.16
Profitability
EBIT-%
ROA3.2 %
ROE45.7 %
ROI4.2 %
Economic value added (EVA)121.10
Solvency
Equity ratio1.5 %
Gearing4988.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.2
Current ratio0.8
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBB

Variable visualization

ROA:3.24%
Rating: 36/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:1.53%
Rating: 2/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

Build time: 2024-10-21T13:51:17.413Z

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.