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Analyst: XBRLDenmark
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Bankruptcy Risk 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Bankruptcy risk for industry  1.5% 1.5% 1.5% 1.5% 1.5%  
Bankruptcy risk  13.7% 14.2% 28.7% 35.4% 16.9%  
Credit score (0-100)  17 15 1 0 9  
Credit rating  BB BB B C BB  
Credit limit (kDKK)  -0.0 0.0 -0.0 -0.0 -0.0  

How are these values calculated?
 
View the automatically generated explanation of bankruptcy risk

Income statement (kDKK) 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Net sales  3 0 0 0 0  
Gross profit  -4.6 85.2 62.5 175 248  
EBITDA  -4.6 -3.5 -143 -294 27.9  
EBIT  -4.6 -7.6 -152 -303 19.0  
Pre-tax profit (PTP)  -4.8 -7.6 -153.9 -304.8 18.7  
Net earnings  -4.8 -7.6 -153.9 -304.8 18.7  
Pre-tax profit without non-rec. items  -4.8 -7.6 -154 -305 18.7  

 
See the entire income statement

Balance sheet (kDKK) 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Tangible assets total  0.0 37.4 28.5 19.6 10.7  
Shareholders equity total  -4.7 -12.4 -126 -431 -412  
Interest-bearing liabilities  8.1 0.0 16.3 174 337  
Balance sheet total (assets)  3.4 54.4 49.2 42.0 65.2  

Net Debt  4.7 0.0 -4.4 151 283  
 
See the entire balance sheet

Volume 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Net sales  3 0 0 0 0  
Net sales growth  0.0% -100.0% 0.0% 0.0% 0.0%  
Gross profit  -4.6 85.2 62.5 175 248  
Gross profit growth  0.0% 0.0% -26.6% 179.8% 41.7%  
Employees  0 0 0 0 0  
Employee growth %  0.0% 0.0% 0.0% 0.0% 0.0%  
Employee expenses  0.0 0.0 0.0 0.0 0.0  
Balance sheet total (assets)  3 54 49 42 65  
Balance sheet change%  0.0% 1,502.1% -9.6% -14.7% 55.4%  
Added value  -4.6 -3.5 -143.5 -294.2 27.9  
Added value %  -157.1% 0.0% 0.0% 0.0% 0.0%  
Investments  0 33 -18 -18 -18  

Net sales trend  0.0 -1.0 0.0 0.0 0.0  
EBIT trend  -1.0 -2.0 -3.0 -4.0 1.0  

Profitability 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
EBITDA %  -157.1% 0.0% 0.0% 0.0% 0.0%  
EBIT %  -157.1% 0.0% 0.0% 0.0% 0.0%  
EBIT to gross profit (%)  100.0% -9.0% -243.8% -173.3% 7.7%  
Net Earnings %  -165.8% 0.0% 0.0% 0.0% 0.0%  
Profit before depreciation and extraordinary items %  -165.8% 0.0% 0.0% 0.0% 0.0%  
Pre tax profit less extraordinaries %  -165.8% 0.0% 0.0% 0.0% 0.0%  
ROA %  -56.4% -20.4% -125.8% -93.5% 4.0%  
ROI %  -56.4% -187.7% -1,870.0% -319.2% 7.5%  
ROE %  -142.6% -26.4% -297.2% -669.0% 34.9%  

Solidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Equity ratio %  -58.3% -18.5% -72.0% -91.1% -86.4%  
Relative indebtedness %  278.7% 0.0% 0.0% 0.0% 0.0%  
Relative net indebtedness %  162.4% 0.0% 0.0% 0.0% 0.0%  
Net int. bear. debt to EBITDA, %  -103.3% 0.0% 3.0% -51.4% 1,011.5%  
Gearing %  -171.6% 0.0% -12.9% -40.3% -81.8%  
Net interest  0 0 0 0 0  
Financing costs %  6.2% 0.0% 18.2% 1.8% 0.1%  

Liquidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Quick Ratio  0.4 0.3 0.1 0.0 0.1  
Current Ratio  0.4 0.3 0.1 0.0 0.1  
Cash and cash equivalent  3.4 0.0 20.7 22.4 54.5  

Capital use efficiency 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Trade debtors turnover (days)  0.0 0.0 0.0 0.0 0.0  
Trade creditors turnover (days)  0.0 0.0 0.0 0.0 0.0  
Current assets / Net sales %  116.3% 0.0% 0.0% 0.0% 0.0%  
Net working capital  -4.7 -49.8 -154.8 -450.7 -423.1  
Net working capital %  -162.4% 0.0% 0.0% 0.0% 0.0%  

Employee efficiency 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Net sales / employee  0 0 0 0 0  
Added value / employee  0 0 0 0 0  
Employee expenses / employee  0 0 0 0 0  
EBITDA / employee  0 0 0 0 0  
EBIT / employee  0 0 0 0 0  
Net earnings / employee  0 0 0 0 0