m2 Development ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About m2 Development ApS
m2 Development ApS (CVR number: 41596767) is a company from HVIDOVRE. The company recorded a gross profit of -16.5 kDKK in 2023. The operating profit was -16.5 kDKK, while net earnings were -25.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.3 %, which can be considered poor and Return on Equity (ROE) was -4.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 75.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. m2 Development ApS's liquidity measured by quick ratio was 4.1 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | 339.00 | 695.00 | -16.50 |
EBIT | 327.00 | 667.00 | -16.50 |
Net earnings | 107.00 | 426.00 | -25.17 |
Shareholders equity total | 147.00 | 573.00 | 547.76 |
Balance sheet total (assets) | 4 472.00 | 743.00 | 723.16 |
Net debt | 3 830.00 | - 743.00 | - 719.22 |
Profitability | |||
EBIT-% | |||
ROA | 7.3 % | 25.6 % | -2.3 % |
ROE | 72.8 % | 118.3 % | -4.5 % |
ROI | 8.2 % | 29.2 % | -2.9 % |
Economic value added (EVA) | 251.72 | 370.16 | -5.72 |
Solvency | |||
Equity ratio | 3.3 % | 77.1 % | 75.7 % |
Gearing | 2615.0 % | ||
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 0.0 | 4.4 | 4.1 |
Current ratio | 0.0 | 4.4 | 4.1 |
Cash and cash equivalents | 14.00 | 743.00 | 719.22 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | BBB | BB | B |
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