mi electric A/S — Credit Rating and Financial Key Figures

CVR number: 44300591
Gammelby Ringvej 11, 6700 Esbjerg
mielectric@mielectric.dk
tel: 53548000
www.mielectric.dk

Credit rating

Company information

Official name
mi electric A/S
Personnel
10 persons
Established
2023
Company form
Limited company
Industry

About mi electric A/S

mi electric A/S (CVR number: 44300591) is a company from ESBJERG. The company recorded a gross profit of 11.7 mDKK in 2024. The operating profit was 5941.5 kDKK, while net earnings were 4625.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 79.5 %, which can be considered excellent and Return on Equity (ROE) was 92 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 66.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. mi electric A/S's liquidity measured by quick ratio was 3 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
2024
Volume
Net sales
Gross profit11 707.50
EBIT5 941.46
Net earnings4 625.73
Shareholders equity total5 025.73
Balance sheet total (assets)7 523.72
Net debt-4 169.18
Profitability
EBIT-%
ROA79.5 %
ROE92.0 %
ROI115.9 %
Economic value added (EVA)4 621.49
Solvency
Equity ratio66.8 %
Gearing1.7 %
Relative net indebtedness %
Liquidity
Quick ratio3.0
Current ratio3.0
Cash and cash equivalents4 255.82
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBB

Variable visualization

ROA:79.5%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:66.8%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board

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