MJ Holding 2016 ApS — Credit Rating and Financial Key Figures

CVR number: 37525707
Bråskovvej 74, Hornum 8783 Hornsyld

Company information

Official name
MJ Holding 2016 ApS
Established
2016
Domicile
Hornum
Company form
Private limited company
Industry

About MJ Holding 2016 ApS

MJ Holding 2016 ApS (CVR number: 37525707) is a company from HEDENSTED. The company reported a net sales of 0.4 mDKK in 2023, demonstrating a decline of -50 % compared to the previous year. The operating profit percentage was at 89.2 % (EBIT: 0.4 mDKK), while net earnings were 599.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.8 %, which can be considered good and Return on Equity (ROE) was 10.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 74 %, 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. MJ Holding 2016 ApS's liquidity measured by quick ratio was 2.7 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales400.00800.00800.00800.00400.00
Gross profit400.00800.00800.00800.00400.00
EBIT394.07788.81785.86786.11357.00
Net earnings392.73850.16506.87644.41599.39
Shareholders equity total3 549.544 399.704 850.075 437.285 977.77
Balance sheet total (assets)3 639.025 752.965 629.496 930.238 076.60
Net debt-1 180.57-2 043.78-2 483.60-3 043.15-3 790.69
Profitability
EBIT-%98.5 %98.6 %98.2 %98.3 %89.2 %
ROA11.5 %18.5 %24.9 %9.6 %8.8 %
ROE11.7 %21.4 %11.0 %12.5 %10.5 %
ROI11.5 %18.5 %7.5 %9.6 %8.9 %
Economic value added (EVA)515.03897.211 123.82999.46516.60
Solvency
Equity ratio97.5 %76.5 %86.2 %78.5 %74.0 %
Gearing2.4 %30.3 %15.9 %27.3 %32.0 %
Relative net indebtedness %-293.8 %-253.2 %-309.5 %-379.5 %-900.9 %
Liquidity
Quick ratio14.12.54.23.12.7
Current ratio14.12.54.23.12.7
Cash and cash equivalents1 264.843 378.783 255.324 528.725 702.43
Capital use efficiency
Trade debtors turnover (days)
Net working capital %106.6 %-72.4 %-89.3 %70.4 %-500.2 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:8.76%
Rating: 54/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:74.0%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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