MIKA Tool Welding ApS — Credit Rating and Financial Key Figures

CVR number: 43864971
Tjørnelundsvej 18, Lem 8930 Randers NØ
Free credit report Annual report

Credit rating

Company information

Official name
MIKA Tool Welding ApS
Personnel
2 persons
Established
2023
Domicile
Lem
Company form
Private limited company
Industry

About MIKA Tool Welding ApS

MIKA Tool Welding ApS (CVR number: 43864971) is a company from RANDERS. The company recorded a gross profit of 1449.4 kDKK in 2024. The operating profit was 124.4 kDKK, while net earnings were 98.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.7 %, which can be considered decent but Return on Equity (ROE) was 10.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 59.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. MIKA Tool Welding ApS's liquidity measured by quick ratio was 2.1 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
2023
2024
Volume
Net sales
Gross profit2 178.791 449.37
EBIT1 044.14124.39
Net earnings814.3898.92
Shareholders equity total854.38953.30
Balance sheet total (assets)2 261.691 614.31
Net debt-1 705.91-1 229.01
Profitability
EBIT-%
ROA46.6 %6.7 %
ROE95.3 %10.9 %
ROI123.2 %14.5 %
Economic value added (EVA)810.8453.20
Solvency
Equity ratio37.8 %59.1 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.52.1
Current ratio1.62.4
Cash and cash equivalents1 705.911 229.01
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:6.74%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:59.1%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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