M-J HOLDING DANMARK ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About M-J HOLDING DANMARK ApS
M-J HOLDING DANMARK ApS (CVR number: 29792844) is a company from VEJLE. The company recorded a gross profit of -26.3 kDKK in 2023. The operating profit was -80.3 kDKK, while net earnings were 348.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.7 %, which can be considered good and Return on Equity (ROE) was 11.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 97.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. M-J HOLDING DANMARK ApS's liquidity measured by quick ratio was 40.3 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 | -10.04 | -23.34 | -38.91 | -36.20 | -26.26 |
EBIT | -64.04 | -59.34 | - 103.53 | -90.19 | -80.26 |
Net earnings | 34.79 | 587.96 | - 620.16 | 357.58 | 348.90 |
Shareholders equity total | 3 032.65 | 3 520.61 | 2 800.44 | 3 058.03 | 3 206.92 |
Balance sheet total (assets) | 3 038.83 | 3 665.45 | 2 944.45 | 3 155.82 | 3 288.42 |
Net debt | -3 029.56 | -3 665.45 | -2 909.99 | -3 092.52 | -3 251.79 |
Profitability | |||||
EBIT-% | |||||
ROA | 1.5 % | 22.6 % | 1.6 % | 11.8 % | 11.7 % |
ROE | 1.1 % | 17.9 % | -19.6 % | 12.2 % | 11.1 % |
ROI | 1.5 % | 23.1 % | 1.7 % | 12.3 % | 12.0 % |
Economic value added (EVA) | -57.03 | -46.43 | -96.25 | -84.69 | -73.09 |
Solvency | |||||
Equity ratio | 99.8 % | 96.0 % | 95.1 % | 96.9 % | 97.5 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 491.4 | 25.3 | 20.4 | 32.3 | 40.3 |
Current ratio | 491.4 | 25.3 | 20.4 | 32.3 | 40.3 |
Cash and cash equivalents | 3 029.56 | 3 665.45 | 2 909.99 | 3 092.52 | 3 251.79 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | BBB | BBB | BBB |
Variable visualization
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