Credit rating
Company information
About MM ITALIA ApS
MM ITALIA ApS (CVR number: 30695879) is a company from BILLUND. The company recorded a gross profit of 392.8 kDKK in 2023. The operating profit was -120.3 kDKK, while net earnings were -145.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -15.7 %, which can be considered poor and Return on Equity (ROE) was -22.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 79.8 %, 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. MM ITALIA ApS's liquidity measured by quick ratio was 4.9 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 | 360.88 | 633.43 | 548.80 | 770.12 | 392.83 |
EBIT | - 103.05 | 214.75 | 53.64 | 262.13 | - 120.32 |
Net earnings | -85.18 | 187.66 | 33.54 | 194.79 | - 145.48 |
Shareholders equity total | 574.10 | 651.16 | 571.70 | 766.49 | 503.21 |
Balance sheet total (assets) | 693.01 | 801.63 | 698.95 | 874.54 | 630.82 |
Net debt | - 652.07 | - 707.45 | - 595.74 | - 767.84 | - 625.04 |
Profitability | |||||
EBIT-% | |||||
ROA | -12.7 % | 28.8 % | 7.2 % | 33.3 % | -15.7 % |
ROE | -12.7 % | 30.6 % | 5.5 % | 29.1 % | -22.9 % |
ROI | -15.5 % | 35.1 % | 8.8 % | 39.2 % | -18.7 % |
Economic value added (EVA) | -72.77 | 194.23 | 43.62 | 205.19 | - 143.35 |
Solvency | |||||
Equity ratio | 82.8 % | 81.2 % | 81.8 % | 87.6 % | 79.8 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 5.8 | 4.8 | 4.9 | 7.7 | 4.9 |
Current ratio | 5.8 | 5.3 | 5.5 | 8.1 | 4.9 |
Cash and cash equivalents | 652.07 | 707.45 | 595.74 | 767.84 | 625.04 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | C | B | B | B | C |
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