MM 2 HERNING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About MM 2 HERNING A/S
MM 2 HERNING A/S (CVR number: 33162855) is a company from HERNING. The company recorded a gross profit of -15.1 kDKK in 2024. The operating profit was -15.1 kDKK, while net earnings were 136.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.6 %, which can be considered weak and Return on Equity (ROE) was 3.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MM 2 HERNING A/S's liquidity measured by quick ratio was 386.1 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -29.00 | -17.29 | -12.50 | -6.63 | -15.13 |
EBIT | -29.00 | -17.29 | -12.50 | -6.63 | -15.13 |
Net earnings | 24 597.06 | 254.56 | 59.89 | 139.39 | 136.24 |
Shareholders equity total | 62 010.62 | 4 265.18 | 3 575.07 | 3 714.46 | 3 850.70 |
Balance sheet total (assets) | 68 448.55 | 4 281.93 | 3 591.82 | 3 724.46 | 3 860.70 |
Net debt | -58 851.10 | ||||
Profitability | |||||
EBIT-% | |||||
ROA | 38.2 % | 0.7 % | 1.5 % | 3.8 % | 3.6 % |
ROE | 43.8 % | 0.8 % | 1.5 % | 3.8 % | 3.6 % |
ROI | 38.3 % | 0.7 % | 1.5 % | 3.8 % | 3.6 % |
Economic value added (EVA) | -2 552.41 | 146.61 | - 226.83 | - 186.28 | - 201.78 |
Solvency | |||||
Equity ratio | 90.6 % | 99.6 % | 99.5 % | 99.7 % | 99.7 % |
Gearing | 10.4 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 10.6 | 255.6 | 214.4 | 372.4 | 386.1 |
Current ratio | 10.6 | 255.6 | 214.4 | 372.4 | 386.1 |
Cash and cash equivalents | 65 272.28 | ||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BB | BB | BB |
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