MM 2 HERNING A/S — Credit Rating and Financial Key Figures

CVR number: 33162855
Nørre Alle 11, 7400 Herning
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Company information

Official name
MM 2 HERNING A/S
Established
2010
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
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 earnings24 597.06254.5659.89139.39136.24
Shareholders equity total62 010.624 265.183 575.073 714.463 850.70
Balance sheet total (assets)68 448.554 281.933 591.823 724.463 860.70
Net debt-58 851.10
Profitability
EBIT-%
ROA38.2 %0.7 %1.5 %3.8 %3.6 %
ROE43.8 %0.8 %1.5 %3.8 %3.6 %
ROI38.3 %0.7 %1.5 %3.8 %3.6 %
Economic value added (EVA)-2 552.41146.61- 226.83- 186.28- 201.78
Solvency
Equity ratio90.6 %99.6 %99.5 %99.7 %99.7 %
Gearing10.4 %
Relative net indebtedness %
Liquidity
Quick ratio10.6255.6214.4372.4386.1
Current ratio10.6255.6214.4372.4386.1
Cash and cash equivalents65 272.28
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:3.59%
Rating: 38/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.7%
Rating: 96/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Board member

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