MM Enterprise Vester Hassing ApS — Credit Rating and Financial Key Figures

CVR number: 36728590
Rolighedsvej 10, V Hassing 9310 Vodskov

Company information

Official name
MM Enterprise Vester Hassing ApS
Personnel
4 persons
Established
2015
Domicile
V Hassing
Company form
Private limited company
Industry

About MM Enterprise Vester Hassing ApS

MM Enterprise Vester Hassing ApS (CVR number: 36728590) is a company from AALBORG. The company recorded a gross profit of 1717.7 kDKK in 2023. The operating profit was 103.7 kDKK, while net earnings were 81.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.2 %, which can be considered good but Return on Equity (ROE) was 39.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 26 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. MM Enterprise Vester Hassing ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 318.81555.55864.84818.411 717.70
EBIT237.55- 147.73-15.834.50103.65
Net earnings182.75- 118.49-13.85-1.0981.07
Shareholders equity total408.53179.44165.59164.51245.58
Balance sheet total (assets)573.96565.19649.27626.32944.70
Net debt26.63141.19100.03101.89115.68
Profitability
EBIT-%
ROA37.2 %-25.9 %-2.6 %0.7 %13.2 %
ROE49.2 %-40.3 %-8.0 %-0.7 %39.5 %
ROI59.2 %-38.1 %-5.2 %1.6 %30.9 %
Economic value added (EVA)173.18- 138.11-22.05-2.7973.75
Solvency
Equity ratio71.2 %31.7 %25.5 %26.3 %26.0 %
Gearing6.5 %81.5 %72.7 %76.0 %53.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.30.70.90.91.3
Current ratio1.30.71.31.31.3
Cash and cash equivalents5.0920.3323.1816.78
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:13.2%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:26.0%
Rating: 23/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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