MK Biler ApS — Credit Rating and Financial Key Figures

CVR number: 38612298
Andkærvej 10 E, 7100 Vejle
martin@mkbil.dk
tel: 88444040
www.mkbil.dk

Company information

Official name
MK Biler ApS
Personnel
8 persons
Established
2017
Company form
Private limited company
Industry

About MK Biler ApS

MK Biler ApS (CVR number: 38612298) is a company from VEJLE. The company recorded a gross profit of 1824.6 kDKK in 2024. The operating profit was -1201.9 kDKK, while net earnings were -1543.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.3 %, which can be considered poor and Return on Equity (ROE) was -41.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 25 %, 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 0.2 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit4 163.733 969.254 102.952 389.551 824.62
EBIT2 349.961 210.43175.13- 413.60-1 201.88
Net earnings1 719.97830.973.12- 706.30-1 543.65
Shareholders equity total4 340.245 171.215 174.334 468.022 924.37
Balance sheet total (assets)9 023.1413 148.7217 863.3815 578.9311 696.42
Net debt1 895.706 118.079 313.878 080.904 855.68
Profitability
EBIT-%
ROA26.4 %10.9 %1.3 %-2.2 %-8.3 %
ROE49.4 %17.5 %0.1 %-14.7 %-41.8 %
ROI33.1 %13.7 %1.5 %-2.6 %-11.2 %
Economic value added (EVA)1 699.57726.60- 131.48- 649.31-1 362.25
Solvency
Equity ratio48.1 %39.3 %29.0 %28.7 %25.0 %
Gearing44.4 %119.9 %180.7 %182.0 %167.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.10.20.2
Current ratio1.91.51.31.31.3
Cash and cash equivalents29.3680.1735.0748.8433.54
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBBB

Variable visualization

ROA:-8.35%
Rating: 12/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:25.0%
Rating: 23/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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