MFN 2020 Holding ApS — Credit Rating and Financial Key Figures

MFN 2020 Holding ApS (CVR number: 41770392) is a company from VARDE. The company recorded a gross profit of -6.9 kDKK in 2022. The operating profit was -6.9 kDKK, while net earnings were 94.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 65.3 %, which can be considered excellent and Return on Equity (ROE) was 114.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 65 %, 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. MFN 2020 Holding ApS's liquidity measured by quick ratio was 3.3 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.