MDC FINANS ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MDC FINANS ApS
MDC FINANS ApS (CVR number: 29448582) is a company from GENTOFTE. The company reported a net sales of 0.1 mDKK in 2023, demonstrating a decline of 0 % compared to the previous year. The operating profit percentage was poor at -5.9 % (EBIT: -0 mDKK), while net earnings were -10.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.2 %, which can be considered poor and Return on Equity (ROE) was -1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 71.4 %, 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. MDC FINANS ApS's liquidity measured by quick ratio was 2.9 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 62.50 | 125.00 | 125.00 | ||
Gross profit | 62.50 | 125.00 | 125.00 | ||
EBIT | -2.58 | -2.69 | -35.37 | -1.01 | -7.32 |
Net earnings | -4.40 | -4.63 | 514.79 | -7.72 | -10.21 |
Shareholders equity total | 522.74 | 518.11 | 1 032.89 | 1 025.17 | 1 014.96 |
Balance sheet total (assets) | 599.15 | 606.01 | 1 199.26 | 1 303.75 | 1 422.44 |
Net debt | 76.41 | 68.25 | - 790.07 | - 792.43 | - 908.36 |
Profitability | |||||
EBIT-% | -56.6 % | -0.8 % | -5.9 % | ||
ROA | -0.0 % | -0.1 % | 57.2 % | 0.1 % | -0.2 % |
ROE | -0.8 % | -0.9 % | 66.4 % | -0.8 % | -1.0 % |
ROI | -0.0 % | -0.1 % | 59.5 % | 0.2 % | -0.2 % |
Economic value added (EVA) | -15.94 | -15.81 | -40.08 | 4.43 | 2.07 |
Solvency | |||||
Equity ratio | 87.2 % | 85.5 % | 86.1 % | 78.6 % | 71.4 % |
Gearing | 14.6 % | 17.0 % | 9.4 % | 12.4 % | 25.2 % |
Relative net indebtedness % | -1152.7 % | -512.9 % | -605.0 % | ||
Liquidity | |||||
Quick ratio | 0.8 | 0.8 | 5.6 | 3.8 | 2.9 |
Current ratio | 0.8 | 0.8 | 5.6 | 3.8 | 2.9 |
Cash and cash equivalents | 19.64 | 886.81 | 919.75 | 1 163.78 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | 228.1 | ||||
Net working capital % | 1234.1 % | 618.8 % | 613.6 % | ||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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