MJ Brøndboring Udlejning ApS — Credit Rating and Financial Key Figures

CVR number: 40799206
Østkærvej 19, Møborg 7660 Bækmarksbro

Credit rating

Company information

Official name
MJ Brøndboring Udlejning ApS
Established
2019
Domicile
Møborg
Company form
Private limited company
Industry

About MJ Brøndboring Udlejning ApS

MJ Brøndboring Udlejning ApS (CVR number: 40799206) is a company from LEMVIG. The company recorded a gross profit of 479.9 kDKK in 2024. The operating profit was 127.8 kDKK, while net earnings were 80.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.5 %, which can be considered decent but Return on Equity (ROE) was 34 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 11.6 %, 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. MJ Brøndboring Udlejning ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit470.36472.51487.70483.50479.88
EBIT116.11123.56130.76118.56127.77
Net earnings53.2633.0736.3650.9780.73
Shareholders equity total76.56109.63145.99196.96277.69
Balance sheet total (assets)3 934.563 949.174 068.823 000.302 395.21
Net debt2 746.542 290.741 924.291 604.161 212.66
Profitability
EBIT-%
ROA3.0 %3.1 %3.3 %3.4 %5.5 %
ROE106.7 %35.5 %28.4 %29.7 %34.0 %
ROI4.0 %3.2 %3.4 %3.5 %5.8 %
Economic value added (EVA)-16.78-96.94-91.08- 105.98-44.40
Solvency
Equity ratio1.9 %2.8 %3.6 %6.6 %11.6 %
Gearing4789.1 %3335.1 %2579.9 %1355.5 %712.7 %
Relative net indebtedness %
Liquidity
Quick ratio11.512.815.48.10.9
Current ratio11.512.815.48.10.9
Cash and cash equivalents919.921 365.441 842.031 065.73766.48
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:5.50%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:11.6%
Rating: 11/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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