MiTh ApS — Credit Rating and Financial Key Figures

CVR number: 43836684
Lyngsiesvej 14 B, Hasle 8210 Aarhus V

Credit rating

Company information

Official name
MiTh ApS
Established
2023
Domicile
Hasle
Company form
Private limited company
Industry

About MiTh ApS

MiTh ApS (CVR number: 43836684) is a company from AARHUS. The company recorded a gross profit of 31 kDKK in 2024. The operating profit was 22.6 kDKK, while net earnings were 17.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.2 %, which can be considered weak but Return on Equity (ROE) was 72 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 1.8 %, 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. MiTh ApS's liquidity measured by quick ratio was 16.2 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 profit-29.7431.02
EBIT-29.7422.64
Net earnings-24.3017.68
Shareholders equity total15.7033.38
Balance sheet total (assets)1 825.701 864.24
Net debt1 667.711 617.19
Profitability
EBIT-%
ROA-1.6 %1.2 %
ROE-154.7 %72.0 %
ROI-1.6 %1.2 %
Economic value added (EVA)-24.3023.54
Solvency
Equity ratio0.9 %1.8 %
Gearing11463.5 %5392.3 %
Relative net indebtedness %
Liquidity
Quick ratio13.816.2
Current ratio13.816.2
Cash and cash equivalents132.29182.81
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:1.23%
Rating: 26/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:1.79%
Rating: 3/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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