MONEY IN THE BANK ApS — Credit Rating and Financial Key Figures

CVR number: 33880324
Karen Brahes Vej 5, 5000 Odense C

Credit rating

Company information

Official name
MONEY IN THE BANK ApS
Established
2011
Company form
Private limited company
Industry
  • Expand more icon64Financial service activities, except insurance and pension funding

About MONEY IN THE BANK ApS

MONEY IN THE BANK ApS (CVR number: 33880324) is a company from ODENSE. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was 0 kDKK, while net earnings were -1.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.1 %, which can be considered poor and Return on Equity (ROE) was -0.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 98.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MONEY IN THE BANK ApS's liquidity measured by quick ratio was 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit- 131.38- 334.77-5.00
EBIT- 131.38- 334.77-5.00
Net earnings- 134.407.57-5.001.05-1.38
Shareholders equity total1 138.611 146.181 141.181 142.231 140.85
Balance sheet total (assets)1 273.331 158.681 153.681 154.731 153.35
Net debt- 916.70- 431.50- 426.50-14.98-13.60
Profitability
EBIT-%
ROA-8.8 %1.4 %-0.4 %0.1 %-0.1 %
ROE-9.4 %0.7 %-0.4 %0.1 %-0.1 %
ROI-9.2 %1.5 %-0.4 %0.1 %-0.1 %
Economic value added (EVA)- 151.91- 345.92-40.91-35.91-56.64
Solvency
Equity ratio89.4 %98.9 %98.9 %98.9 %98.9 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio6.834.534.11.21.1
Current ratio6.834.534.11.21.1
Cash and cash equivalents916.70431.50426.5014.9813.60
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBABBBBBB

Variable visualization

ROA:-0.12%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.9%
Rating: 83/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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