MX2 Holding ApS — Credit Rating and Financial Key Figures

CVR number: 37619663
Vedskøllevej 109, 4600 Køge

Credit rating

Company information

Official name
MX2 Holding ApS
Established
2016
Company form
Private limited company
Industry

About MX2 Holding ApS

MX2 Holding ApS (CVR number: 37619663) is a company from KØGE. The company recorded a gross profit of 453.5 kDKK in 2023. The operating profit was 408.2 kDKK, while net earnings were 981 kDKK. The profitability of the company measured by Return on Assets (ROA) was 30.5 %, which can be considered excellent and Return on Equity (ROE) was 40.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 69.2 %, 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. MX2 Holding ApS's liquidity measured by quick ratio was 2.6 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 profit425.07403.31450.76398.50453.47
EBIT389.80364.16412.86348.91408.23
Net earnings261.981 008.89460.18326.88980.96
Shareholders equity total133.821 142.711 602.881 929.772 910.73
Balance sheet total (assets)2 818.692 833.982 801.292 996.994 205.05
Net debt1 321.12883.16561.92349.04-16.28
Profitability
EBIT-%
ROA17.9 %39.7 %20.6 %14.8 %30.5 %
ROE32.3 %158.1 %33.5 %18.5 %40.5 %
ROI21.7 %49.0 %22.5 %15.4 %32.2 %
Economic value added (EVA)234.67183.79198.71145.99174.88
Solvency
Equity ratio4.7 %40.3 %57.2 %64.4 %69.2 %
Gearing1265.2 %98.8 %49.2 %38.7 %24.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.81.43.92.6
Current ratio0.70.81.43.92.6
Cash and cash equivalents371.95245.53226.01398.12722.07
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:30.5%
Rating: 84/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:69.2%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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