MK Property ApS — Credit Rating and Financial Key Figures

CVR number: 40108831
Bakken 25, Ålsrode 8500 Grenaa

Company information

Official name
MK Property ApS
Personnel
2 persons
Established
2018
Domicile
Ålsrode
Company form
Private limited company
Industry

About MK Property ApS

MK Property ApS (CVR number: 40108831) is a company from NORDDJURS. The company recorded a gross profit of -301.9 kDKK in 2024. The operating profit was -3677.9 kDKK, while net earnings were 13.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 12.8 %, which can be considered good but Return on Equity (ROE) was 29 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 39.8 %, 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. MK Property ApS's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-6 805.58- 829.85- 642.78-2 016.73- 301.88
EBIT-6 841.70- 987.05-2 337.63-3 603.96-3 677.87
Net earnings14 531.27637.1329 875.91-3 122.9413 317.28
Shareholders equity total14 256.9514 894.0944 769.9939 560.4952 437.77
Balance sheet total (assets)67 847.79123 374.04105 666.43103 279.67131 894.00
Net debt15 433.9653 460.608 046.3810 203.7326 577.62
Profitability
EBIT-%
ROA31.8 %1.7 %29.8 %0.2 %12.8 %
ROE68.6 %4.4 %100.1 %-7.4 %29.0 %
ROI101.2 %3.3 %54.6 %0.4 %22.6 %
Economic value added (EVA)-6 829.70-2 069.70-5 312.80-5 680.84-5 483.84
Solvency
Equity ratio21.0 %12.1 %42.4 %38.3 %39.8 %
Gearing108.3 %372.3 %22.4 %30.8 %54.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.51.00.90.8
Current ratio0.50.51.01.00.9
Cash and cash equivalents1 987.071 972.031 972.851 977.78
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:12.8%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:39.8%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer
Chairman of the board

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