MFK DANCE ApS — Credit Rating and Financial Key Figures

CVR number: 38667025
Roskildevej 14, 2620 Albertslund
michelle@mfkdance.dk
tel: 25215656
mfkdance.dk

Credit rating

Company information

Official name
MFK DANCE ApS
Personnel
4 persons
Established
2017
Company form
Private limited company
Industry

About MFK DANCE ApS

MFK DANCE ApS (CVR number: 38667025) is a company from ALBERTSLUND. The company recorded a gross profit of 1137.3 kDKK in 2023. The operating profit was -22.3 kDKK, while net earnings were -19.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.6 %, which can be considered poor and Return on Equity (ROE) was -7.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 91.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MFK DANCE ApS's liquidity measured by quick ratio was 8.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 219.981 467.701 303.581 296.631 137.32
EBIT40.64220.43165.2592.79-22.25
Net earnings31.16171.62124.9866.44-19.50
Shareholders equity total145.88317.50328.08276.73257.23
Balance sheet total (assets)447.63915.21987.38777.18303.77
Net debt- 269.94- 710.65- 845.58- 601.61- 184.43
Profitability
EBIT-%
ROA9.6 %32.3 %17.4 %10.5 %-3.6 %
ROE23.9 %74.1 %38.7 %22.0 %-7.3 %
ROI30.4 %94.4 %50.0 %29.9 %-7.2 %
Economic value added (EVA)37.79178.23148.7293.01-11.77
Solvency
Equity ratio49.0 %66.5 %55.6 %63.4 %91.8 %
Gearing1.5 %0.4 %4.6 %0.6 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.84.83.34.18.5
Current ratio0.91.31.31.34.2
Cash and cash equivalents272.13712.06860.52603.27184.47
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-3.58%
Rating: 16/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:91.8%
Rating: 72/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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