MM Johannessen Ejendomme ApS — Credit Rating and Financial Key Figures

CVR number: 27237061
Jels Vestergade 50, 6630 Rødding
tel: 75366252

Credit rating

Company information

Official name
MM Johannessen Ejendomme ApS
Personnel
1 person
Established
2003
Company form
Private limited company
Industry

About MM Johannessen Ejendomme ApS

MM Johannessen Ejendomme ApS (CVR number: 27237061) is a company from VEJEN. The company recorded a gross profit of 430.3 kDKK in 2024. The operating profit was 6.8 kDKK, while net earnings were -275.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.1 %, which can be considered weak but Return on Equity (ROE) was -5.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 27.9 %, 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. MM Johannessen Ejendomme ApS's liquidity measured by quick ratio was 0.1 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 profit6 058.986 508.624 571.07303.39430.32
EBIT1 101.981 252.282 964.31148.016.85
Net earnings570.30691.102 054.34178.82- 275.63
Shareholders equity total4 142.014 425.336 081.465 060.284 784.65
Balance sheet total (assets)18 610.4220 241.5616 338.2014 959.2217 159.55
Net debt7 839.529 164.496 629.998 596.9611 526.07
Profitability
EBIT-%
ROA6.3 %6.5 %16.7 %2.0 %2.1 %
ROE14.9 %16.1 %39.1 %3.2 %-5.6 %
ROI7.9 %8.7 %18.4 %1.9 %2.1 %
Economic value added (EVA)149.19249.251 567.91- 657.24- 740.86
Solvency
Equity ratio22.3 %21.9 %47.0 %33.8 %27.9 %
Gearing221.7 %211.0 %135.6 %179.8 %242.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.510.60.20.1
Current ratio0.80.810.60.20.1
Cash and cash equivalents1 342.50171.751 615.66503.3153.31
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAABBB

Variable visualization

ROA:2.09%
Rating: 30/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:27.9%
Rating: 25/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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