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MK Biler ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MK Biler ApS
MK Biler ApS (CVR number: 38612298) is a company from VEJLE. The company recorded a gross profit of 1076.8 kDKK in 2025. The operating profit was -1423.9 kDKK, while net earnings were -1508.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -16.3 %, which can be considered poor and Return on Equity (ROE) was -69.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 27.8 %, 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. MK Biler ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 3 969.25 | 4 102.95 | 2 389.55 | 1 824.62 | 1 076.85 |
| EBIT | 1 210.43 | 175.13 | - 413.60 | -1 201.88 | -1 423.89 |
| Net earnings | 830.97 | 3.12 | - 706.30 | -1 543.65 | -1 508.26 |
| Shareholders equity total | 5 171.21 | 5 174.33 | 4 468.02 | 2 924.37 | 1 416.11 |
| Balance sheet total (assets) | 13 148.72 | 17 863.38 | 15 578.93 | 11 696.42 | 5 092.47 |
| Net debt | 6 118.07 | 9 313.87 | 8 080.90 | 4 855.68 | 2 904.92 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 10.9 % | 1.3 % | -2.2 % | -8.3 % | -16.3 % |
| ROE | 17.5 % | 0.1 % | -14.7 % | -41.8 % | -69.5 % |
| ROI | 13.7 % | 1.5 % | -2.6 % | -11.2 % | -22.5 % |
| Economic value added (EVA) | 628.20 | - 449.50 | -1 122.90 | -1 773.23 | -1 723.59 |
| Solvency | |||||
| Equity ratio | 39.3 % | 29.0 % | 28.7 % | 25.0 % | 27.8 % |
| Gearing | 119.9 % | 180.7 % | 182.0 % | 167.2 % | 206.2 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.0 | 0.1 | 0.2 | 0.2 | 0.5 |
| Current ratio | 1.5 | 1.3 | 1.3 | 1.3 | 1.2 |
| Cash and cash equivalents | 80.17 | 35.07 | 48.84 | 33.54 | 14.59 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BB | BB | B | B |
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