MT 2019 ApS — Credit Rating and Financial Key Figures

CVR number: 40140972
Svostrupvej 15, 8883 Gjern
tel: 35413057

Company information

Official name
MT 2019 ApS
Established
2019
Company form
Private limited company
Industry

About MT 2019 ApS

MT 2019 ApS (CVR number: 40140972) is a company from SILKEBORG. The company recorded a gross profit of 67.1 kDKK in 2023. The operating profit was 56.1 kDKK, while net earnings were 19.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.1 %, which can be considered weak but Return on Equity (ROE) was 7.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 16.3 %, 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. MT 2019 ApS's liquidity measured by quick ratio was 0 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-54.0852.4458.9763.5167.08
EBIT-63.5441.4147.9552.4956.06
Net earnings-71.27- 138.42162.1615.3919.91
Shareholders equity total220.5982.17244.33259.72279.63
Balance sheet total (assets)1 746.291 747.281 874.701 858.671 720.65
Net debt292.35382.47363.20351.39234.09
Profitability
EBIT-%
ROA-3.6 %2.4 %10.6 %2.8 %3.1 %
ROE-32.3 %-91.4 %99.3 %6.1 %7.4 %
ROI-3.7 %2.5 %11.2 %4.3 %10.0 %
Economic value added (EVA)-49.6256.3052.1752.2957.65
Solvency
Equity ratio12.6 %4.7 %13.0 %14.0 %16.3 %
Gearing132.5 %465.5 %148.7 %135.3 %83.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.00.00.00.0
Current ratio0.10.00.00.00.0
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBA

Variable visualization

ROA:3.13%
Rating: 36/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:16.3%
Rating: 16/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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