M+ Ejendomme A/S — Credit Rating and Financial Key Figures

CVR number: 10054672
Rosenkrantzvej 2, 8700 Horsens
info@mplus.dk
tel: 75627902

Company information

Official name
M+ Ejendomme A/S
Personnel
21 persons
Established
1985
Company form
Limited company
Industry

About M+ Ejendomme A/S

M+ Ejendomme A/S (CVR number: 10054672K) is a company from HORSENS. The company recorded a gross profit of 112.5 mDKK in 2019. The operating profit was 103.7 mDKK, while net earnings were 74.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 4.8 %, which can be considered decent but Return on Equity (ROE) was 10.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 31.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. M+ Ejendomme A/S's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
Volume
Net sales
Gross profit64 082.00112 534.00
EBIT52 078.00103 670.00
Net earnings26 246.0074 442.00
Shareholders equity total716 799.00786 466.00
Balance sheet total (assets)2 458 425.002 522 057.00
Net debt1 426 201.001 376 260.00
Profitability
EBIT-%
ROA2.8 %4.8 %
ROE4.0 %10.9 %
ROI2.8 %4.9 %
Economic value added (EVA)38 035.52-9 653.33
Solvency
Equity ratio29.2 %31.2 %
Gearing205.9 %178.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.2
Current ratio0.50.3
Cash and cash equivalents49 431.0030 915.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAA

Variable visualization

ROA:4.77%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:31.2%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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