MFN1970 Ejendomme ApS — Credit Rating and Financial Key Figures

CVR number: 40403078
Rødovre Centrum 1 R, 2610 Rødovre
jan@adv-wittenborn.dk

Company information

Official name
MFN1970 Ejendomme ApS
Established
2019
Company form
Private limited company
Industry

About MFN1970 Ejendomme ApS

MFN1970 Ejendomme ApS (CVR number: 40403078) is a company from RØDOVRE. The company recorded a gross profit of 139.1 kDKK in 2021. The operating profit was -1650 kDKK, while net earnings were -1744.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -23.8 %, which can be considered poor and Return on Equity (ROE) was -133.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 7 %, 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. MFN1970 Ejendomme 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
Volume
Net sales
Gross profit29.751 002.05139.11
EBIT13.02356.64-1 650.00
Net earnings-10.91194.29-1 744.92
Shareholders equity total1 989.092 183.38438.46
Balance sheet total (assets)6 839.427 657.936 224.62
Net debt4 575.265 145.754 973.18
Profitability
EBIT-%
ROA0.2 %4.9 %-23.8 %
ROE-0.5 %9.3 %-133.1 %
ROI0.2 %5.1 %-25.4 %
Economic value added (EVA)9.24-39.57-1 949.59
Solvency
Equity ratio29.1 %28.5 %7.0 %
Gearing232.0 %240.7 %1161.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.80.1
Current ratio0.60.80.1
Cash and cash equivalents39.33108.57118.22
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABB

Variable visualization

ROA:-23.8%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:7.04%
Rating: 7/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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