MM-Ejendomme 03-04-2019 ApS — Credit Rating and Financial Key Figures

CVR number: 40426760
Østerløkken 83, 8381 Tilst
mmejendomme@outlook.dk
tel: 22339343

Credit rating

Company information

Official name
MM-Ejendomme 03-04-2019 ApS
Personnel
1 person
Established
2019
Company form
Private limited company
Industry

About MM-Ejendomme 03-04-2019 ApS

MM-Ejendomme 03-04-2019 ApS (CVR number: 40426760) is a company from AARHUS. The company recorded a gross profit of 485.6 kDKK in 2023. The operating profit was 482.4 kDKK, while net earnings were 375.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.2 %, which can be considered good but Return on Equity (ROE) was 31.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 39.5 %, 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. MM-Ejendomme 03-04-2019 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 profit169.21306.60260.93489.31485.61
EBIT169.21306.60260.93489.31482.37
Net earnings142.39254.57210.57395.80375.67
Shareholders equity total192.39446.97657.50993.011 368.68
Balance sheet total (assets)1 930.811 963.473 248.393 307.203 464.21
Net debt1 510.151 310.871 625.081 016.24696.85
Profitability
EBIT-%
ROA8.8 %15.7 %10.0 %14.9 %14.2 %
ROE74.0 %79.6 %38.1 %48.0 %31.8 %
ROI9.9 %17.6 %12.8 %22.0 %21.3 %
Economic value added (EVA)143.81245.73198.28369.63330.21
Solvency
Equity ratio10.0 %22.8 %20.2 %30.0 %39.5 %
Gearing785.1 %300.7 %249.9 %110.1 %68.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.00.00.1
Current ratio0.00.00.00.00.1
Cash and cash equivalents0.4133.0717.9976.80233.81
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:14.2%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:39.5%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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