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: 10054672) is a company from HORSENS. The company recorded a gross profit of 169 mDKK in 2023. The operating profit was -71 mDKK, while net earnings were -107 mDKK. The profitability of the company measured by Return on Assets (ROA) was -1.9 %, which can be considered poor and Return on Equity (ROE) was -8.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 36.4 %, 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit66 860.00112 567.00118 231.00129 529.00168 986.00
EBIT49 898.00293 400.00214 473.00164 324.00-71 017.00
Net earnings66 701.00323 853.00162 854.00101 060.00- 107 005.00
Shareholders equity total716 652.001 112 698.001 186 743.001 322 060.001 208 916.00
Balance sheet total (assets)1 678 277.002 967 506.002 938 318.003 589 679.003 321 542.00
Net debt785 211.001 868 540.001 765 803.00
Profitability
EBIT-%
ROA5.6 %12.6 %7.3 %5.2 %-1.9 %
ROE9.7 %35.4 %14.2 %8.1 %-8.5 %
ROI5.9 %12.9 %7.3 %5.3 %-2.0 %
Economic value added (EVA)-5 752.69255 892.60158 559.9366 925.36- 184 460.57
Solvency
Equity ratio42.7 %100.0 %100.0 %36.8 %36.4 %
Gearing110.2 %141.4 %146.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.10.2
Current ratio0.40.10.2
Cash and cash equivalents4 887.00620.008 172.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBAA

Variable visualization

ROA:-1.95%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:36.4%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

Companies in the same industry

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

... and more!

No registration needed.