MK FOODS ApS — Credit Rating and Financial Key Figures

CVR number: 34225001
Slagtehusgade 11, 1715 København V
martine@madkastellet.dk
tel: 31751213
www.madkastellet.dk

Credit rating

Company information

Official name
MK FOODS ApS
Established
2012
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About MK FOODS ApS

MK FOODS ApS (CVR number: 34225001) is a company from KØBENHAVN. The company recorded a gross profit of -106.3 kDKK in 2023. The operating profit was -106.3 kDKK, while net earnings were 776.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.8 %, which can be considered decent but Return on Equity (ROE) was 3.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at -31.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. MK FOODS ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit- 102.15196.79- 150.43- 106.27
EBIT-4 553.28196.79- 150.43- 106.27
Net earnings- 193.05-4 335.46-8 428.65776.52
Shareholders equity total-2 436.65-6 772.11-10 720.84-9 323.30
Balance sheet total (assets)6 135.447 810.2422 371.0519 921.49
Net debt7 818.359 584.5123 192.5223 241.33
Profitability
EBIT-%
ROA1.6 %-33.3 %-11.4 %4.8 %
ROE-4.9 %-62.2 %-37.7 %3.7 %
ROI1.8 %-35.3 %-27.4 %3.1 %
Economic value added (EVA)-4 465.63613.65523.59- 149.001 391.64
Solvency
Equity ratio-28.4 %-46.4 %-32.4 %-31.9 %
Gearing-324.8 %-142.9 %-216.4 %-249.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.40.20.0
Current ratio0.10.40.20.0
Cash and cash equivalents96.9089.695.665.96
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBCBBBBBB

Variable visualization

ROA:4.83%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-31.9%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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