MM Biobrændsel A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About MM Biobrændsel A/S
MM Biobrændsel A/S (CVR number: 32056776) is a company from ASSENS. The company reported a net sales of 1.3 mDKK in 2022, demonstrating a decline of -22.6 % compared to the previous year. The operating profit percentage was at 1.2 % (EBIT: 0 mDKK), while net earnings were 12.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.1 %, which can be considered weak and Return on Equity (ROE) was 0.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 95.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MM Biobrændsel A/S's liquidity measured by quick ratio was 36.9 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 932.84 | 191.48 | 1 413.38 | 1 628.41 | 1 259.79 |
Gross profit | 160.61 | -35.57 | 229.59 | 109.92 | 127.84 |
EBIT | 43.16 | - 210.13 | 103.80 | -52.27 | 14.67 |
Net earnings | 39.50 | - 230.54 | 77.23 | -40.85 | 12.70 |
Shareholders equity total | 1 602.80 | 1 372.26 | 1 449.49 | 1 408.64 | 1 421.34 |
Balance sheet total (assets) | 2 422.88 | 1 424.07 | 1 993.99 | 1 483.65 | 1 490.22 |
Net debt | - 591.73 | - 402.42 | 146.58 | - 132.79 | -21.86 |
Profitability | |||||
EBIT-% | 4.6 % | -109.7 % | 7.3 % | -3.2 % | 1.2 % |
ROA | 2.2 % | -10.5 % | 6.2 % | -2.9 % | 1.1 % |
ROE | 2.5 % | -15.5 % | 5.5 % | -2.9 % | 0.9 % |
ROI | 2.5 % | -12.1 % | 6.8 % | -3.2 % | 1.2 % |
Economic value added (EVA) | 4.73 | - 268.91 | 32.21 | - 110.51 | -52.57 |
Solvency | |||||
Equity ratio | 66.2 % | 96.4 % | 72.7 % | 94.9 % | 95.4 % |
Gearing | 21.7 % | 14.7 % | 0.1 % | 0.1 % | |
Relative net indebtedness % | -12.8 % | -198.0 % | 30.3 % | -6.1 % | 0.3 % |
Liquidity | |||||
Quick ratio | 2.0 | 30.9 | 2.4 | 25.1 | 36.9 |
Current ratio | 2.0 | 30.9 | 2.7 | 25.1 | 36.9 |
Cash and cash equivalents | 939.73 | 402.42 | 65.86 | 134.76 | 22.71 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 12.1 | 593.3 | 186.9 | 167.1 | 275.0 |
Net working capital % | 90.0 % | 364.8 % | 60.8 % | 53.3 % | 75.1 % |
Credit risk | |||||
Credit rating | A | BBB | BBB | BBB | BBB |
Variable visualization
Roles
Companies in the same industry
Create your own estimates for any company
Valuation analysis
See instructions

... and more!
No registration needed.