MIF III Renewables Holding A/S — Credit Rating and Financial Key Figures

CVR number: 44366355
Strandvejen 70, 2900 Hellerup
Free credit report Annual report

Credit rating

Company information

Official name
MIF III Renewables Holding A/S
Established
2023
Company form
Limited company
Industry

About MIF III Renewables Holding A/S

MIF III Renewables Holding A/S (CVR number: 44366355) is a company from GENTOFTE. The company recorded a gross profit of -8.9 kUSD in 2024. The operating profit was -8.9 kUSD, while net earnings were -13.2 kUSD. The profitability of the company measured by Return on Assets (ROA) was -0 %, which can be considered poor and Return on Equity (ROE) was -0 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 100 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MIF III Renewables Holding A/S's liquidity measured by quick ratio was 6.5 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 (kUSD)

EBIT (kUSD)

Profitability

Solidity

Key figures (kUSD)

See financials
2024
Volume
Net sales
Gross profit-8.93
EBIT-8.93
Net earnings-13.21
Shareholders equity total40 362.04
Balance sheet total (assets)40 370.95
Net debt-57.50
Profitability
EBIT-%
ROA-0.0 %
ROE-0.0 %
ROI-0.0 %
Economic value added (EVA)-8.93
Solvency
Equity ratio100.0 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio6.5
Current ratio6.5
Cash and cash equivalents57.50
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBB

Variable visualization

ROA:-0.02%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:100.0%
Rating: 100/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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