Credit rating
Company information
About M3 SYSTEM ApS
M3 SYSTEM ApS (CVR number: 33396740) is a company from KØBENHAVN. The company recorded a gross profit of 31.6 kDKK in 2022. The operating profit was -20.8 kDKK, while net earnings were -31.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.7 %, which can be considered poor and Return on Equity (ROE) was -9.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 70.9 %, 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. M3 SYSTEM ApS's liquidity measured by quick ratio was 3.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 350.50 | 166.64 | 89.24 | 72.53 | 31.63 |
EBIT | 211.04 | 24.05 | -15.76 | 13.78 | -20.79 |
Net earnings | 161.27 | 13.58 | -23.62 | 3.03 | -31.14 |
Shareholders equity total | 343.48 | 357.07 | 333.44 | 336.47 | 305.33 |
Balance sheet total (assets) | 650.50 | 557.02 | 552.13 | 457.29 | 430.37 |
Net debt | - 529.53 | - 395.89 | - 367.28 | - 343.96 | - 302.53 |
Profitability | |||||
EBIT-% | |||||
ROA | 44.0 % | 4.0 % | -2.8 % | 2.8 % | -4.7 % |
ROE | 61.4 % | 3.9 % | -6.8 % | 0.9 % | -9.7 % |
ROI | 75.3 % | 5.9 % | -3.7 % | 3.3 % | -5.0 % |
Economic value added (EVA) | 162.88 | 29.54 | -10.17 | 19.91 | -15.81 |
Solvency | |||||
Equity ratio | 52.8 % | 64.1 % | 60.4 % | 73.6 % | 70.9 % |
Gearing | 9.4 % | 22.2 % | 26.4 % | 27.2 % | 31.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.9 | 2.4 | 2.3 | 3.6 | 3.3 |
Current ratio | 2.0 | 2.6 | 2.4 | 3.8 | 3.4 |
Cash and cash equivalents | 561.91 | 475.31 | 455.38 | 435.65 | 398.97 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | B | B |
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