MVA DEVELOPMENT ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MVA DEVELOPMENT ApS
MVA DEVELOPMENT ApS (CVR number: 29532443) is a company from ODENSE. The company recorded a gross profit of -85.5 kDKK in 2023. The operating profit was -235.4 kDKK, while net earnings were -39.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4 %, which can be considered weak but Return on Equity (ROE) was -1.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 76.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. MVA DEVELOPMENT ApS's liquidity measured by quick ratio was 2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -32.47 | -73.89 | - 122.64 | -44.92 | -85.45 |
EBIT | - 132.47 | - 223.89 | - 272.64 | -44.92 | - 235.45 |
Net earnings | 245.93 | - 306.02 | 277.01 | - 506.78 | -39.34 |
Shareholders equity total | 2 924.81 | 2 568.79 | 2 789.30 | 2 282.52 | 5 149.95 |
Balance sheet total (assets) | 3 061.41 | 4 150.76 | 4 266.15 | 3 787.37 | 6 762.56 |
Net debt | -2 314.92 | -1 906.44 | -2 123.72 | -1 462.06 | -1 432.63 |
Profitability | |||||
EBIT-% | |||||
ROA | 10.4 % | -1.7 % | 9.4 % | 4.0 % | 4.0 % |
ROE | 8.7 % | -11.1 % | 10.3 % | -20.0 % | -1.1 % |
ROI | 11.0 % | -1.8 % | 9.6 % | 4.0 % | 4.0 % |
Economic value added (EVA) | - 135.93 | - 214.66 | - 176.52 | 4.22 | - 155.63 |
Solvency | |||||
Equity ratio | 95.5 % | 61.9 % | 65.4 % | 60.3 % | 76.2 % |
Gearing | 55.8 % | 52.0 % | 64.7 % | 29.6 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 17.5 | 2.2 | 2.5 | 2.1 | 2.0 |
Current ratio | 17.5 | 2.2 | 2.5 | 2.1 | 2.0 |
Cash and cash equivalents | 2 314.92 | 3 340.66 | 3 572.82 | 2 939.16 | 2 956.03 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | A | A |
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