MJ Tagentreprise Aps — Credit Rating and Financial Key Figures
Credit rating
Company information
About MJ Tagentreprise Aps
MJ Tagentreprise Aps (CVR number: 36946954) is a company from FREDERIKSSUND. The company reported a net sales of 5 mDKK in 2018, demonstrating a growth of 200.3 % compared to the previous year. The operating profit percentage was at 7.1 % (EBIT: 0.4 mDKK), while net earnings were 278.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 37.6 %, which can be considered excellent and Return on Equity (ROE) was 94.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 33.1 %, 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. MJ Tagentreprise Aps's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | |
---|---|---|---|
Volume | |||
Net sales | 2 451.27 | 1 676.30 | 5 034.69 |
Gross profit | 578.46 | 478.23 | 946.80 |
EBIT | 69.32 | 70.17 | 355.82 |
Net earnings | 51.92 | 53.95 | 278.83 |
Shareholders equity total | 101.92 | 155.85 | 434.69 |
Balance sheet total (assets) | 438.11 | 597.35 | 1 314.13 |
Net debt | -7.09 | - 149.59 | -89.85 |
Profitability | |||
EBIT-% | 2.8 % | 4.2 % | 7.1 % |
ROA | 15.9 % | 13.6 % | 37.6 % |
ROE | 50.9 % | 41.9 % | 94.4 % |
ROI | 50.8 % | 38.7 % | 100.2 % |
Economic value added (EVA) | 52.56 | 51.22 | 279.60 |
Solvency | |||
Equity ratio | 23.3 % | 26.1 % | 33.1 % |
Gearing | 34.3 % | 44.9 % | 13.1 % |
Relative net indebtedness % | 12.0 % | 13.2 % | 14.6 % |
Liquidity | |||
Quick ratio | 1.1 | 1.0 | 1.2 |
Current ratio | 1.3 | 1.4 | 1.5 |
Cash and cash equivalents | 42.09 | 219.59 | 146.85 |
Capital use efficiency | |||
Trade debtors turnover (days) | 40.0 | 45.9 | 62.7 |
Net working capital % | 4.2 % | 9.3 % | 8.6 % |
Credit risk | |||
Credit rating | B | BB | BB |
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