MN1 Holding ApS — Credit Rating and Financial Key Figures

CVR number: 40007229
Askevænget 20, Thurø 5700 Svendborg

Credit rating

Company information

Official name
MN1 Holding ApS
Established
2018
Domicile
Thurø
Company form
Private limited company
Industry

About MN1 Holding ApS

MN1 Holding ApS (CVR number: 40007229) is a company from SVENDBORG. The company recorded a gross profit of -12.7 kDKK in 2023. The operating profit was -12.7 kDKK, while net earnings were 13.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1 %, which can be considered weak and Return on Equity (ROE) was 0.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 72.5 %, 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. MN1 Holding ApS's liquidity measured by quick ratio was 1.2 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 profit-29.14-37.391 035.68-20.69-12.73
EBIT-29.14-37.391 035.68-20.69-12.73
Net earnings- 118.94-59.83807.32-54.9313.67
Shareholders equity total1 751.841 581.412 388.722 333.792 347.47
Balance sheet total (assets)2 759.612 747.983 452.633 213.803 238.64
Net debt- 234.86- 664.65-1 369.30-1 130.47-1 077.75
Profitability
EBIT-%
ROA-4.1 %-1.4 %33.4 %-0.5 %1.0 %
ROE-6.4 %-3.6 %40.7 %-2.3 %0.6 %
ROI-5.1 %-2.2 %52.2 %-0.7 %1.3 %
Economic value added (EVA)-20.37-99.00783.22-75.81-73.20
Solvency
Equity ratio63.5 %57.5 %69.2 %72.6 %72.5 %
Gearing1.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.61.31.31.2
Current ratio0.40.61.31.31.2
Cash and cash equivalents263.38664.651 369.301 130.471 077.75
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBBBB

Variable visualization

ROA:0.97%
Rating: 25/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:72.5%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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