Mk Development Holding ApS — Credit Rating and Financial Key Figures

CVR number: 40603085
Roarsvej 1, 7400 Herning
Free credit report

Company information

Official name
Mk Development Holding ApS
Personnel
1 person
Established
2019
Company form
Private limited company
Industry

About Mk Development Holding ApS

Mk Development Holding ApS (CVR number: 40603085) is a company from HERNING. The company recorded a gross profit of -46.5 kDKK in 2023. The operating profit was -46.5 kDKK, while net earnings were -208.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -27.2 %, which can be considered poor and Return on Equity (ROE) was -48.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 52.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Mk Development Holding ApS's liquidity measured by quick ratio was 2.1 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-0.77- 155.55- 112.35-35.67-46.46
EBIT-0.77- 230.55- 112.35-40.67-46.46
Net earnings- 246.67- 142.28- 102.24-31.78- 208.27
Shareholders equity total920.09722.51620.27531.29323.02
Balance sheet total (assets)1 042.84768.49678.84808.66619.26
Net debt122.75-82.28-72.11-20.48-79.44
Profitability
EBIT-%
ROA-23.7 %66.5 %-13.8 %-3.8 %-27.2 %
ROE-26.8 %-17.3 %-15.2 %-5.5 %-48.8 %
ROI-23.7 %68.3 %-14.9 %-4.9 %-45.4 %
Economic value added (EVA)-0.77- 171.60- 144.53-68.21-70.12
Solvency
Equity ratio88.2 %94.0 %91.4 %65.7 %52.2 %
Gearing13.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.016.711.62.82.1
Current ratio0.016.711.62.82.1
Cash and cash equivalents82.2872.1120.4879.44
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBCBBBB

Variable visualization

ROA:-27.2%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:52.2%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

CreditReports API
  • Company information
  • Financial data
  • Credit risk data
  • All 400,000+ Danish companies

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.