MJ Installationer ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MJ Installationer ApS
MJ Installationer ApS (CVR number: 38492306) is a company from HILLERØD. The company recorded a gross profit of 497.9 kDKK in 2023. The operating profit was -26.2 kDKK, while net earnings were -26.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.2 %, which can be considered poor and Return on Equity (ROE) was -10.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 26.2 %, 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. MJ Installationer ApS's liquidity measured by quick ratio was 1.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 2 708.82 | ||||
Gross profit | 814.85 | 595.10 | 916.05 | 968.78 | 497.94 |
EBIT | -2.16 | - 326.20 | 193.01 | 241.61 | -26.22 |
Net earnings | -1.35 | - 260.12 | 145.91 | 187.12 | -26.22 |
Shareholders equity total | 283.35 | 23.31 | 169.22 | 356.35 | 130.12 |
Balance sheet total (assets) | 654.33 | 610.48 | 542.49 | 758.96 | 496.29 |
Net debt | - 277.85 | - 145.71 | - 221.73 | - 155.82 | -57.04 |
Profitability | |||||
EBIT-% | -0.1 % | ||||
ROA | -0.4 % | -51.6 % | 33.5 % | 37.2 % | -4.2 % |
ROE | -0.5 % | -169.6 % | 151.6 % | 71.2 % | -10.8 % |
ROI | -0.7 % | -212.7 % | 200.5 % | 92.0 % | -9.7 % |
Economic value added (EVA) | -12.26 | - 255.54 | 155.30 | 190.91 | -31.51 |
Solvency | |||||
Equity ratio | 43.3 % | 3.8 % | 31.2 % | 47.0 % | 26.2 % |
Gearing | 42.4 % | ||||
Relative net indebtedness % | 3.4 % | ||||
Liquidity | |||||
Quick ratio | 1.7 | 0.7 | 1.5 | 1.8 | 1.3 |
Current ratio | 1.7 | 1.0 | 1.5 | 1.8 | 1.3 |
Cash and cash equivalents | 277.85 | 145.71 | 221.73 | 155.82 | 112.16 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 28.5 | ||||
Net working capital % | 10.0 % | ||||
Credit risk | |||||
Credit rating | BBB | BB | BB | BB | BBB |
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