MB ECONOMY ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MB ECONOMY ApS
MB ECONOMY ApS (CVR number: 28284772) is a company from GRIBSKOV. The company recorded a gross profit of 15.2 kDKK in 2023. The operating profit was -117.1 kDKK, while net earnings were -92.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -73.4 %, which can be considered poor and Return on Equity (ROE) was -70.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 74.5 %, 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. MB ECONOMY ApS's liquidity measured by quick ratio was 3.1 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 37.53 | 12.35 | 73.40 | 74.22 | 15.18 |
EBIT | 19.05 | -25.69 | 14.90 | 26.72 | - 117.08 |
Net earnings | 7.28 | -29.39 | 9.86 | 20.14 | -92.31 |
Shareholders equity total | 177.24 | 147.84 | 157.70 | 177.84 | 85.53 |
Balance sheet total (assets) | 298.69 | 169.87 | 186.32 | 204.21 | 114.85 |
Net debt | 89.47 | 5.28 | -39.28 | -73.94 | -9.65 |
Profitability | |||||
EBIT-% | |||||
ROA | 7.3 % | -11.0 % | 8.4 % | 13.7 % | -73.4 % |
ROE | 4.2 % | -18.1 % | 6.5 % | 12.0 % | -70.1 % |
ROI | 8.6 % | -12.1 % | 9.5 % | 15.9 % | -88.6 % |
Economic value added (EVA) | 8.12 | -28.98 | 4.21 | 14.72 | -96.62 |
Solvency | |||||
Equity ratio | 59.3 % | 87.0 % | 84.6 % | 87.1 % | 74.5 % |
Gearing | 51.4 % | 4.7 % | 0.0 % | 0.3 % | 0.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.7 | 3.8 | 3.6 | 4.7 | 3.1 |
Current ratio | 1.7 | 3.8 | 3.6 | 4.7 | 3.1 |
Cash and cash equivalents | 1.62 | 1.62 | 39.29 | 74.45 | 10.16 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BB | BB | BB |
Variable visualization
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