MR Udlejning Danmark ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MR Udlejning Danmark ApS
MR Udlejning Danmark ApS (CVR number: 37949094) is a company from ASSENS. The company reported a net sales of 1.7 mDKK in 2023, demonstrating a growth of 30.7 % compared to the previous year. The operating profit percentage was at 59.1 % (EBIT: 1 mDKK), while net earnings were 669.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.3 %, which can be considered decent but Return on Equity (ROE) was 12.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 23.9 %, 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. MR Udlejning Danmark 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 325.11 | 553.89 | 731.30 | 1 323.77 | 1 729.54 |
Gross profit | 1 271.87 | 1 104.63 | 484.02 | 782.58 | 1 178.71 |
EBIT | 1 271.87 | 1 104.63 | 484.02 | 623.42 | 1 021.38 |
Net earnings | 1 174.53 | 958.67 | 1 222.84 | 426.20 | 669.29 |
Shareholders equity total | 2 523.49 | 3 482.16 | 4 791.09 | 5 217.29 | 5 876.81 |
Balance sheet total (assets) | 5 517.22 | 11 047.97 | 15 573.42 | 24 229.36 | 24 597.81 |
Net debt | 2 409.76 | 6 604.84 | 8 943.11 | 16 851.80 | 16 547.15 |
Profitability | |||||
EBIT-% | 96.0 % | 199.4 % | 66.2 % | 47.1 % | 59.1 % |
ROA | 28.5 % | 12.5 % | 9.8 % | 3.9 % | 5.3 % |
ROE | 60.7 % | 31.9 % | 29.6 % | 8.5 % | 12.1 % |
ROI | 29.1 % | 11.7 % | 8.6 % | 3.5 % | 4.9 % |
Economic value added (EVA) | 1 125.60 | 782.73 | 17.52 | 10.52 | -55.39 |
Solvency | |||||
Equity ratio | 45.9 % | 31.6 % | 30.8 % | 21.5 % | 23.9 % |
Gearing | 95.5 % | 190.0 % | 198.5 % | 334.6 % | 290.9 % |
Relative net indebtedness % | 188.5 % | 1239.0 % | 1270.7 % | 1316.2 % | 992.3 % |
Liquidity | |||||
Quick ratio | 0.8 | 1.9 | 1.5 | 1.2 | |
Current ratio | 0.7 | 1.9 | 1.5 | 1.2 | |
Cash and cash equivalents | 10.02 | 564.92 | 603.52 | 545.69 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -13.3 % | -14.8 % | -28.7 % | -14.1 % | -25.3 % |
Credit risk | |||||
Credit rating | A | A | A | A | A |
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