MK Handel & Service ApS — Credit Rating and Financial Key Figures

CVR number: 41910593
Nicolinevej 42, Strøby Egede 4600 Køge

Credit rating

Company information

Official name
MK Handel & Service ApS
Established
2020
Domicile
Strøby Egede
Company form
Private limited company
Industry

About MK Handel & Service ApS

MK Handel & Service ApS (CVR number: 41910593) is a company from STEVNS. The company recorded a gross profit of 38.5 kDKK in 2024. The operating profit was 315.2 kDKK, while net earnings were 283.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.5 %, which can be considered decent but Return on Equity (ROE) was 22.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 16.4 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. MK Handel & Service ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
Volume
Net sales
Gross profit-15.00-4.2024.0838.54
EBIT-15.00-4.20329.94315.19
Net earnings344.83540.80207.17283.75
Shareholders equity total384.83925.631 132.811 416.56
Balance sheet total (assets)3 007.906 541.478 249.058 646.55
Net debt-34.21-27.92237.73602.96
Profitability
EBIT-%
ROA12.4 %13.1 %4.8 %5.5 %
ROE89.6 %82.5 %20.1 %22.3 %
ROI95.3 %18.0 %8.8 %26.4 %
Economic value added (EVA)-15.00-23.79255.30172.90
Solvency
Equity ratio12.8 %14.2 %13.7 %16.4 %
Gearing1.3 %0.5 %26.1 %44.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.02.22.40.9
Current ratio0.02.22.40.9
Cash and cash equivalents39.2132.9258.0526.16
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:5.54%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:16.4%
Rating: 16/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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