MEM EJENDOMME ApS — Credit Rating and Financial Key Figures

CVR number: 35049282
Kirstinehøj 69, 2770 Kastrup

Company information

Official name
MEM EJENDOMME ApS
Established
2013
Company form
Private limited company
Industry

About MEM EJENDOMME ApS

MEM EJENDOMME ApS (CVR number: 35049282) is a company from TÅRNBY. The company recorded a gross profit of 359.3 kDKK in 2023. The operating profit was 359.3 kDKK, while net earnings were 229.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.4 %, which can be considered good but Return on Equity (ROE) was 37.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 16.3 %, 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. MEM EJENDOMME ApS's liquidity measured by quick ratio was 8.2 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 profit104.53359.81333.07348.75359.32
EBIT74.31329.59897.5595.45359.32
Net earnings-48.04149.52588.13-50.36229.35
Shareholders equity total- 190.04-40.52547.60497.25726.60
Balance sheet total (assets)3 435.983 931.364 782.714 812.514 467.16
Net debt3 176.102 835.812 824.583 097.072 878.89
Profitability
EBIT-%
ROA2.1 %8.8 %20.7 %2.3 %8.4 %
ROE-1.4 %4.1 %26.3 %-9.6 %37.5 %
ROI2.2 %9.2 %21.6 %2.3 %8.6 %
Economic value added (EVA)84.03282.31740.7995.00298.15
Solvency
Equity ratio-5.2 %-1.0 %11.4 %10.3 %16.3 %
Gearing-1835.7 %-8895.4 %690.5 %798.4 %452.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.14.012.343.78.2
Current ratio0.14.012.343.78.2
Cash and cash equivalents312.62768.95956.57872.92406.46
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBA

Variable visualization

ROA:8.42%
Rating: 53/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:16.3%
Rating: 16/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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