MM-Tag ApS — Credit Rating and Financial Key Figures

CVR number: 36731885
Hjulmagervej 4 A, 7100 Vejle

Credit rating

Company information

Official name
MM-Tag ApS
Personnel
8 persons
Established
2015
Company form
Private limited company
Industry

About MM-Tag ApS

MM-Tag ApS (CVR number: 36731885) is a company from VEJLE. The company recorded a gross profit of 3853 kDKK in 2024. The operating profit was 404.4 kDKK, while net earnings were 323.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.1 %, which can be considered excellent and Return on Equity (ROE) was 81.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 18.7 %, 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. MM-Tag ApS's liquidity measured by quick ratio was 1.2 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit6 714.458 321.168 814.114 743.863 853.02
EBIT1 487.361 098.55923.46- 273.51404.39
Net earnings1 173.18872.78667.68- 314.38323.20
Shareholders equity total1 435.931 208.711 211.39237.01560.21
Balance sheet total (assets)3 712.222 956.802 834.292 384.282 991.21
Net debt- 782.83- 512.60120.57194.53-32.14
Profitability
EBIT-%
ROA43.5 %34.1 %32.2 %-10.5 %15.1 %
ROE80.9 %66.0 %55.2 %-43.4 %81.1 %
ROI104.7 %84.3 %68.8 %-21.8 %34.6 %
Economic value added (EVA)1 083.28781.99607.74- 337.47329.35
Solvency
Equity ratio38.7 %40.9 %42.7 %9.9 %18.7 %
Gearing1.0 %2.5 %19.7 %341.7 %129.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.61.61.71.01.2
Current ratio1.61.71.71.11.2
Cash and cash equivalents797.65543.21118.09615.37759.81
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:15.1%
Rating: 66/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:18.7%
Rating: 18/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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