MK TRADE ApS — Credit Rating and Financial Key Figures

CVR number: 33967489
Vinkelvej 2, 6823 Ansager

Company information

Official name
MK TRADE ApS
Personnel
5 persons
Established
2011
Company form
Private limited company
Industry

About MK TRADE ApS

MK TRADE ApS (CVR number: 33967489) is a company from VARDE. The company recorded a gross profit of 1370.5 kDKK in 2024. The operating profit was -394.1 kDKK, while net earnings were -560.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.1 %, which can be considered poor and Return on Equity (ROE) was -18.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 24.7 %, 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 TRADE ApS's liquidity measured by quick ratio was 0.2 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit2 893.612 552.471 642.722 284.091 370.54
EBIT720.55856.32113.50634.73- 394.12
Net earnings474.66619.2533.82289.07- 560.65
Shareholders equity total3 338.023 901.053 427.153 516.222 625.58
Balance sheet total (assets)11 910.0510 641.9910 619.7811 899.2610 611.97
Net debt-2 202.56- 704.422 482.383 259.763 221.06
Profitability
EBIT-%
ROA6.9 %8.2 %1.5 %5.8 %-3.1 %
ROE14.5 %17.1 %0.9 %8.3 %-18.3 %
ROI14.8 %25.4 %3.3 %10.3 %-5.3 %
Economic value added (EVA)200.31496.90- 110.63196.11- 660.10
Solvency
Equity ratio28.9 %37.2 %32.3 %29.5 %24.7 %
Gearing72.5 %92.7 %145.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.40.20.20.2
Current ratio1.41.61.51.41.3
Cash and cash equivalents2 202.56704.421.37596.25
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:-3.14%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:24.7%
Rating: 23/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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