MME Nordic A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About MME Nordic A/S
MME Nordic A/S (CVR number: 37364150) is a company from THISTED. The company reported a net sales of 91.4 mDKK in 2024, demonstrating a decline of -1 % compared to the previous year. The operating profit percentage was at 0.4 % (EBIT: 0.4 mDKK), while net earnings were 87.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.3 %, which can be considered weak and Return on Equity (ROE) was 0.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 35.9 %, 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. MME Nordic A/S's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 49.41 | 40.24 | 92.23 | 91.35 | |
Gross profit | 23.23 | 26.89 | 20.63 | 38.88 | 39.54 |
EBIT | 4.74 | 7.87 | 1.76 | 9.00 | 0.35 |
Net earnings | 3.41 | 5.73 | 3.83 | 6.76 | 0.09 |
Shareholders equity total | 14.06 | 14.32 | 12.39 | 19.15 | 19.23 |
Balance sheet total (assets) | 28.25 | 24.27 | 28.87 | 43.91 | 53.55 |
Net debt | -6.96 | -1.80 | 11.72 | ||
Profitability | |||||
EBIT-% | 15.9 % | 4.4 % | 9.8 % | 0.4 % | |
ROA | 14.9 % | 30.0 % | 6.6 % | 25.0 % | 1.3 % |
ROE | 27.6 % | 40.4 % | 28.6 % | 42.9 % | 0.5 % |
ROI | 35.5 % | 39.3 % | 6.6 % | 34.2 % | 2.1 % |
Economic value added (EVA) | 3.26 | 7.52 | 1.04 | 6.13 | -0.53 |
Solvency | |||||
Equity ratio | 67.0 % | 100.0 % | 100.0 % | 43.6 % | 35.9 % |
Gearing | 2.3 % | 61.7 % | |||
Relative net indebtedness % | 19.1 % | 32.8 % | |||
Liquidity | |||||
Quick ratio | 3.8 | 1.9 | 1.4 | ||
Current ratio | 1.6 | 1.9 | 1.4 | ||
Cash and cash equivalents | 6.96 | 2.25 | 0.14 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | 9.8 | 79.5 | |||
Net working capital % | 19.3 % | 14.4 % | |||
Credit risk | |||||
Credit rating | A | BBB | BBB | AA | A |
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