MN FINANS ApS — Credit Rating and Financial Key Figures

CVR number: 29172447
Doktorvænget 8, 7500 Holstebro
mn@tecconform.dk

Credit rating

Company information

Official name
MN FINANS ApS
Established
2005
Company form
Private limited company
Industry
  • Expand more icon642120

About MN FINANS ApS

MN FINANS ApS (CVR number: 29172447) is a company from HOLSTEBRO. The company recorded a gross profit of -16.7 kDKK in 2023. The operating profit was -16.7 kDKK, while net earnings were 69.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.3 %, which can be considered decent but Return on Equity (ROE) was 2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 58.3 %, 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. MN FINANS ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-15.65-15.15-15.15-16.38-16.67
EBIT-15.65-15.15-15.15-16.38-16.67
Net earnings485.21608.76- 610.45149.3869.63
Shareholders equity total3 614.454 167.913 400.833 550.213 558.84
Balance sheet total (assets)6 674.587 077.266 254.036 489.376 099.23
Net debt2 510.532 456.442 699.602 857.862 463.95
Profitability
EBIT-%
ROA9.7 %10.7 %-6.8 %4.7 %4.3 %
ROE14.3 %15.6 %-16.1 %4.3 %2.0 %
ROI10.6 %11.6 %-7.1 %4.8 %4.3 %
Economic value added (EVA)176.23178.45187.69156.70170.32
Solvency
Equity ratio54.2 %58.9 %54.4 %54.7 %58.3 %
Gearing69.5 %58.9 %79.4 %80.5 %69.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.60.60.60.6
Current ratio0.50.60.60.60.6
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBBBB

Variable visualization

ROA:4.29%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:58.3%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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