MN FINANS ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 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 earnings | 485.21 | 608.76 | - 610.45 | 149.38 | 69.63 |
Shareholders equity total | 3 614.45 | 4 167.91 | 3 400.83 | 3 550.21 | 3 558.84 |
Balance sheet total (assets) | 6 674.58 | 7 077.26 | 6 254.03 | 6 489.37 | 6 099.23 |
Net debt | 2 510.53 | 2 456.44 | 2 699.60 | 2 857.86 | 2 463.95 |
Profitability | |||||
EBIT-% | |||||
ROA | 9.7 % | 10.7 % | -6.8 % | 4.7 % | 4.3 % |
ROE | 14.3 % | 15.6 % | -16.1 % | 4.3 % | 2.0 % |
ROI | 10.6 % | 11.6 % | -7.1 % | 4.8 % | 4.3 % |
Economic value added (EVA) | 176.23 | 178.45 | 187.69 | 156.70 | 170.32 |
Solvency | |||||
Equity ratio | 54.2 % | 58.9 % | 54.4 % | 54.7 % | 58.3 % |
Gearing | 69.5 % | 58.9 % | 79.4 % | 80.5 % | 69.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.5 | 0.6 | 0.6 | 0.6 | 0.6 |
Current ratio | 0.5 | 0.6 | 0.6 | 0.6 | 0.6 |
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | BBB | BBB | BBB |
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