MM Biobrændsel A/S — Credit Rating and Financial Key Figures

CVR number: 32056776
Mosegårdsvej 3, Dreslette 5683 Haarby
jsk@mmbioenergi.dk
tel: 20743112

Credit rating

Company information

Official name
MM Biobrændsel A/S
Personnel
4 persons
Established
2009
Domicile
Dreslette
Company form
Limited company
Industry
  • Expand more icon01Crop and animal production, hunting and related service activities

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales932.84191.481 413.381 628.411 259.79
Gross profit160.61-35.57229.59109.92127.84
EBIT43.16- 210.13103.80-52.2714.67
Net earnings39.50- 230.5477.23-40.8512.70
Shareholders equity total1 602.801 372.261 449.491 408.641 421.34
Balance sheet total (assets)2 422.881 424.071 993.991 483.651 490.22
Net debt- 591.73- 402.42146.58- 132.79-21.86
Profitability
EBIT-%4.6 %-109.7 %7.3 %-3.2 %1.2 %
ROA2.2 %-10.5 %6.2 %-2.9 %1.1 %
ROE2.5 %-15.5 %5.5 %-2.9 %0.9 %
ROI2.5 %-12.1 %6.8 %-3.2 %1.2 %
Economic value added (EVA)4.73- 268.9132.21- 110.51-52.57
Solvency
Equity ratio66.2 %96.4 %72.7 %94.9 %95.4 %
Gearing21.7 %14.7 %0.1 %0.1 %
Relative net indebtedness %-12.8 %-198.0 %30.3 %-6.1 %0.3 %
Liquidity
Quick ratio2.030.92.425.136.9
Current ratio2.030.92.725.136.9
Cash and cash equivalents939.73402.4265.86134.7622.71
Capital use efficiency
Trade debtors turnover (days)12.1593.3186.9167.1275.0
Net working capital %90.0 %364.8 %60.8 %53.3 %75.1 %
Credit risk
Credit ratingABBBBBBBBBBBB

Variable visualization

ROA:1.15%
Rating: 26/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.4%
Rating: 76/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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