MK Ejendomsudvikling ApS — Credit Rating and Financial Key Figures

CVR number: 37792063
Merkurvej 1, Gjessø 8600 Silkeborg
mkejendomsudvikling@gmail.com

Credit rating

Company information

Official name
MK Ejendomsudvikling ApS
Established
2016
Domicile
Gjessø
Company form
Private limited company
Industry
  • Expand more icon68Real estate activities

About MK Ejendomsudvikling ApS

MK Ejendomsudvikling ApS (CVR number: 37792063) is a company from SILKEBORG. The company recorded a gross profit of 501.5 kDKK in 2023. The operating profit was 501.5 kDKK, while net earnings were 204.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.1 %, which can be considered decent and Return on Equity (ROE) was 7.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 29.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. MK Ejendomsudvikling ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit341.06448.74427.68507.78501.51
EBIT341.06448.74427.68507.78501.51
Net earnings308.75215.71591.63222.21204.42
Shareholders equity total1 648.091 863.802 455.422 677.632 882.05
Balance sheet total (assets)9 250.009 250.009 853.429 952.389 750.01
Net debt6 955.366 714.266 504.496 304.296 100.72
Profitability
EBIT-%
ROA6.5 %4.9 %9.7 %5.1 %5.1 %
ROE20.7 %12.3 %27.4 %8.7 %7.4 %
ROI6.7 %4.9 %9.8 %5.1 %5.1 %
Economic value added (EVA)- 151.54-48.89-74.17-23.23-25.88
Solvency
Equity ratio17.8 %20.1 %24.9 %26.9 %29.6 %
Gearing422.0 %360.2 %269.1 %243.0 %211.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.40.0
Current ratio0.20.40.0
Cash and cash equivalents103.42202.380.02
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAABBB

Variable visualization

ROA:5.09%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:29.6%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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