MN HOLDING, FREDERIKSHAVN ApS — Credit Rating and Financial Key Figures

CVR number: 30588142
Holger Drachmanns Vej 8, 9900 Frederikshavn

Credit rating

Company information

Official name
MN HOLDING, FREDERIKSHAVN ApS
Established
2007
Company form
Private limited company
Industry

About MN HOLDING, FREDERIKSHAVN ApS

MN HOLDING, FREDERIKSHAVN ApS (CVR number: 30588142) is a company from FREDERIKSHAVN. The company reported a net sales of -0.1 mDKK in 2024, demonstrating a growth of -89.9 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: -0.1 mDKK), while net earnings were -233.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3 %, which can be considered poor and Return on Equity (ROE) was -17.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 38.5 %, 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. MN HOLDING, FREDERIKSHAVN ApS's liquidity measured by quick ratio was 0 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales540.71565.22- 889.49- 868.52-88.02
Gross profit532.36556.75- 898.22- 877.63-98.14
EBIT532.36556.75- 898.22- 877.63-98.14
Net earnings493.88508.45- 972.48- 993.85- 233.58
Shareholders equity total3 142.943 538.392 451.511 457.661 224.09
Balance sheet total (assets)4 545.465 136.674 124.523 264.083 180.98
Net debt1 378.061 485.741 554.731 797.361 942.42
Profitability
EBIT-%98.5 %98.5 %
ROA12.5 %11.5 %-19.4 %-23.8 %-3.0 %
ROE16.7 %15.2 %-32.5 %-50.8 %-17.4 %
ROI12.5 %11.6 %-19.9 %-24.2 %-3.1 %
Economic value added (EVA)346.40345.32-1 150.68-1 078.95- 261.72
Solvency
Equity ratio69.1 %68.9 %59.4 %44.7 %38.5 %
Gearing44.3 %42.0 %63.4 %123.3 %159.1 %
Relative net indebtedness %256.5 %282.8 %-188.1 %-208.0 %-2217.2 %
Liquidity
Quick ratio0.10.10.00.00.0
Current ratio0.10.10.00.00.0
Cash and cash equivalents15.710.220.305.22
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-244.6 %-261.0 %188.1 %207.0 %2208.2 %
Credit risk
Credit ratingAABBBBBBB

Variable visualization

ROA:-3.05%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:38.5%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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