MK Projektentwicklung Nr. 3 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MK Projektentwicklung Nr. 3 ApS
MK Projektentwicklung Nr. 3 ApS (CVR number: 38144537) is a company from FAVRSKOV. The company recorded a gross profit of -5.4 kEUR in 2023. The operating profit was -5.4 kEUR, while net earnings were 23.6 kEUR. The profitability of the company measured by Return on Assets (ROA) was 10 %, which can be considered good but Return on Equity (ROE) was 37.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 28.7 %, 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 Projektentwicklung Nr. 3 ApS'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 financialsGross profit (kEUR)
EBIT (kEUR)
Profitability
Solidity
Key figures (kEUR)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -11.11 | 1 387.05 | 0.01 | -1.24 | -5.40 |
EBIT | -11.11 | 1 387.05 | 0.01 | -1.24 | -5.40 |
Net earnings | -10.94 | 893.23 | 7.72 | -55.85 | 23.55 |
Shareholders equity total | 5.59 | 898.82 | 106.54 | 50.70 | 74.25 |
Balance sheet total (assets) | 8 130.76 | 2 159.11 | 382.44 | 292.96 | 258.85 |
Net debt | 889.53 | -1 384.63 | - 356.76 | - 279.79 | - 227.57 |
Profitability | |||||
EBIT-% | |||||
ROA | -0.2 % | 27.0 % | 0.5 % | -0.4 % | 10.0 % |
ROE | -98.9 % | 197.5 % | 1.5 % | -71.0 % | 37.7 % |
ROI | -0.3 % | 47.2 % | 0.8 % | -1.4 % | 44.1 % |
Economic value added (EVA) | -11.16 | 1 076.98 | 45.49 | 12.60 | 6.89 |
Solvency | |||||
Equity ratio | 0.1 % | 41.6 % | 27.9 % | 17.3 % | 28.7 % |
Gearing | 81368.5 % | 46.7 % | 23.6 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.8 | 1.7 | 1.4 | 1.2 | 1.4 |
Current ratio | 1.0 | 1.7 | 1.4 | 1.2 | 1.4 |
Cash and cash equivalents | 3 662.22 | 1 804.05 | 381.91 | 279.79 | 227.57 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BB | BB | BB |
Variable visualization
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