MM Holding Ikast 2017 ApS — Credit Rating and Financial Key Figures

CVR number: 38928929
Nygade 100, 7430 Ikast

Company information

Official name
MM Holding Ikast 2017 ApS
Established
2017
Company form
Private limited company
Industry

About MM Holding Ikast 2017 ApS

MM Holding Ikast 2017 ApS (CVR number: 38928929) is a company from IKAST-BRANDE. The company recorded a gross profit of -3.8 kDKK in 2024. The operating profit was -3.8 kDKK, while net earnings were 220.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.5 %, which can be considered excellent and Return on Equity (ROE) was 25.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 67.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. MM Holding Ikast 2017 ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit-6.15-4.92-4.74-2.13-3.75
EBIT-6.15-4.92-4.74-2.13-3.75
Net earnings64.40255.13289.50107.58220.54
Shareholders equity total385.01583.64815.94805.73900.93
Balance sheet total (assets)428.68675.52976.36977.071 340.44
Net debt- 179.00- 190.37- 118.76-61.38146.54
Profitability
EBIT-%
ROA15.8 %47.0 %40.9 %11.4 %19.5 %
ROE16.9 %52.7 %41.4 %13.3 %25.8 %
ROI15.9 %47.3 %42.0 %11.6 %19.8 %
Economic value added (EVA)-24.08-25.25-37.44-48.66-52.00
Solvency
Equity ratio89.8 %86.4 %83.6 %82.5 %67.2 %
Gearing10.7 %15.0 %14.7 %21.3 %44.1 %
Relative net indebtedness %
Liquidity
Quick ratio5.13.01.61.50.7
Current ratio5.13.01.61.50.7
Cash and cash equivalents220.17277.64238.30232.70251.19
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBABBBA

Variable visualization

ROA:19.5%
Rating: 73/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:67.2%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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