MM Ejendomme Vejle ApS — Credit Rating and Financial Key Figures

CVR number: 37747289
Vestergade 24 B, 7100 Vejle

Credit rating

Company information

Official name
MM Ejendomme Vejle ApS
Established
2016
Company form
Private limited company
Industry

About MM Ejendomme Vejle ApS

MM Ejendomme Vejle ApS (CVR number: 37747289) is a company from VEJLE. The company recorded a gross profit of 650.5 kDKK in 2023. The operating profit was -641.3 kDKK, while net earnings were -814.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.1 %, which can be considered poor and Return on Equity (ROE) was -35.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 15.8 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. MM Ejendomme Vejle ApS's liquidity measured by quick ratio was 0.1 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit263.61111.31136.19650.50
EBIT449.254 551.8050.47- 641.31
Net earnings283.473 456.7287.03- 814.17
Shareholders equity total2 398.745 705.472 692.491 878.33
Balance sheet total (assets)6 380.0013 005.0413 248.0611 863.38
Net debt3 060.724 927.458 427.298 370.88
Profitability
EBIT-%
ROA7.2 %35.0 %2.0 %-5.1 %
ROE12.2 %60.6 %2.1 %-35.6 %
ROI7.4 %36.9 %2.1 %-5.2 %
Economic value added (EVA)104.94- 261.353 561.74- 380.34-1 170.84
Solvency
Equity ratio37.6 %43.9 %20.3 %15.8 %
Gearing127.6 %86.4 %321.8 %445.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.30.1
Current ratio0.00.30.1
Cash and cash equivalents236.10
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:-5.11%
Rating: 15/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:15.8%
Rating: 15/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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