MMJ EJENDOMME ApS — Credit Rating and Financial Key Figures

CVR number: 35815015
Rosinfeltvej 141, 6270 Tønder

Company information

Official name
MMJ EJENDOMME ApS
Personnel
1 person
Established
2014
Company form
Private limited company
Industry

About MMJ EJENDOMME ApS

MMJ EJENDOMME ApS (CVR number: 35815015) is a company from TØNDER. The company recorded a gross profit of 953.7 kDKK in 2023. The operating profit was 450.5 kDKK, while net earnings were 151.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.6 %, which can be considered weak but Return on Equity (ROE) was 11.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 11.7 %, 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. MMJ 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 002.04860.62964.961 039.30953.66
EBIT753.21592.94717.63712.62450.53
Net earnings267.81241.54333.77319.04151.43
Shareholders equity total386.17627.70961.481 280.511 431.94
Balance sheet total (assets)12 749.6812 597.1012 601.3612 600.9012 260.34
Net debt11 673.0611 371.9210 720.0110 423.009 931.23
Profitability
EBIT-%
ROA6.6 %4.7 %5.7 %5.7 %3.6 %
ROE106.2 %47.6 %42.0 %28.5 %11.2 %
ROI6.6 %4.7 %5.8 %5.8 %3.7 %
Economic value added (EVA)210.44127.02214.26228.8232.00
Solvency
Equity ratio3.0 %5.0 %7.6 %10.2 %11.7 %
Gearing3127.0 %1857.1 %1169.6 %847.5 %721.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.10.10.1
Current ratio0.10.10.10.10.1
Cash and cash equivalents402.24285.42525.56429.43401.80
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:3.62%
Rating: 38/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:11.7%
Rating: 12/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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