MM PROPERTIES ApS
Credit rating
Company information
About MM PROPERTIES ApS
MM PROPERTIES ApS (CVR number: 36080035) is a company from KØBENHAVN. The company recorded a gross profit of 3821.7 kDKK in 2022. The operating profit was 2434.4 kDKK, while net earnings were 25.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 15.9 %, which can be considered excellent and Return on Equity (ROE) was 26.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 53.7 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. MM PROPERTIES ApS's liquidity measured by quick ratio was 0.1 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 760.28 | 289.42 | 3 403.03 | 2 998.25 | 3 821.71 |
EBIT | 471.79 | - 397.09 | 2 807.69 | 5 003.58 | 2 434.40 |
Net earnings | 7 276.31 | 6 984.14 | 9 971.67 | 23 488.25 | 25 404.92 |
Shareholders equity total | 21 869.23 | 28 208.54 | 58 039.97 | 82 028.38 | 108 325.74 |
Balance sheet total (assets) | 88 240.12 | 102 484.06 | 123 185.09 | 174 915.11 | 202 147.03 |
Net debt | 51 886.07 | 63 614.62 | 51 625.43 | 88 616.63 | 87 005.67 |
Profitability | |||||
EBIT-% | |||||
ROA | 10.5 % | 7.8 % | 9.8 % | 18.2 % | 15.9 % |
ROE | 39.2 % | 27.9 % | 23.1 % | 33.5 % | 26.7 % |
ROI | 11.6 % | 8.4 % | 10.1 % | 18.2 % | 15.9 % |
Economic value added (EVA) | 763.70 | 264.57 | 2 765.50 | 3 590.93 | 1 612.96 |
Solvency | |||||
Equity ratio | 25.8 % | 28.4 % | 47.1 % | 46.9 % | 53.7 % |
Gearing | 256.5 % | 236.7 % | 104.5 % | 108.1 % | 80.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.1 | 0.1 | 1.6 | 0.0 | 0.1 |
Current ratio | 0.1 | 0.1 | 1.6 | 0.0 | 0.1 |
Cash and cash equivalents | 4 200.13 | 3 158.15 | 9 044.57 | 59.12 | 20.99 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | AA |
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