MLM Group A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About MLM Group A/S
MLM Group A/S (CVR number: 44300311K) is a company from BILLUND. The company reported a net sales of 536.4 mDKK in 2023, demonstrating a decline of -10.1 % compared to the previous year. The operating profit percentage was at 20.4 % (EBIT: 109.5 mDKK), while net earnings were 75.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 9.2 %, which can be considered good but Return on Equity (ROE) was 25.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 45.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. MLM Group A/S's liquidity measured by quick ratio was 2.4 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.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 324.00 | 312.00 | 499.00 | 596.43 | 536.39 |
Gross profit | 156.00 | 133.00 | 197.00 | 220.85 | 233.28 |
EBIT | 106.00 | 80.00 | 87.00 | 109.92 | 109.48 |
Net earnings | 73.00 | 53.00 | 64.00 | 83.13 | 75.91 |
Shareholders equity total | 191.00 | 235.00 | 325.00 | 414.23 | 489.37 |
Balance sheet total (assets) | 799.00 | 820.00 | 1 083.00 | 1 172.60 | 1 229.35 |
Net debt | 570.52 | 491.85 | |||
Profitability | |||||
EBIT-% | 32.7 % | 25.6 % | 17.4 % | 18.4 % | 20.4 % |
ROA | 13.3 % | 9.9 % | 9.1 % | 10.8 % | 9.2 % |
ROE | 38.2 % | 24.9 % | 22.9 % | 25.5 % | 25.7 % |
ROI | 13.3 % | 9.9 % | 9.1 % | 10.4 % | 8.8 % |
Economic value added (EVA) | 106.00 | 70.40 | 75.19 | 70.69 | 51.08 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 40.6 % | 45.2 % |
Gearing | 139.6 % | 103.7 % | |||
Relative net indebtedness % | 87.5 % | 92.3 % | |||
Liquidity | |||||
Quick ratio | 2.3 | 2.4 | |||
Current ratio | 10.7 | 11.2 | |||
Cash and cash equivalents | 7.55 | 15.60 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 11.1 | 12.5 | |||
Net working capital % | 38.4 % | 38.1 % | |||
Credit risk | |||||
Credit rating | AA | AA |
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