MLY Development ApS — Credit Rating and Financial Key Figures

CVR number: 41611588
Niels W Gades Vej 11, 4700 Næstved

Company information

Official name
MLY Development ApS
Established
2020
Company form
Private limited company
Industry

About MLY Development ApS

MLY Development ApS (CVR number: 41611588) is a company from NÆSTVED. The company recorded a gross profit of 139.7 kDKK in 2023. The operating profit was 48.2 kDKK, while net earnings were -339.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.7 %, which can be considered weak but Return on Equity (ROE) was -4.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -6.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. MLY Development ApS's liquidity measured by quick ratio was 14.2 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
Volume
Net sales
Gross profit-18.2341.06-42.26139.67
EBIT-28.3015.62-78.6348.15
Net earnings-39.45-41.82- 166.71- 339.60
Shareholders equity total0.55-41.27- 207.98- 547.58
Balance sheet total (assets)2 076.372 051.088 096.368 313.66
Net debt2 031.222 026.577 043.217 534.33
Profitability
EBIT-%
ROA-1.3 %1.0 %-1.4 %0.7 %
ROE-7199.3 %-4.1 %-3.3 %-4.1 %
ROI-1.3 %1.0 %-1.5 %0.7 %
Economic value added (EVA)-23.4716.46-54.42105.37
Solvency
Equity ratio0.0 %-2.0 %-2.5 %-6.2 %
Gearing370660.8 %-4961.8 %-3935.3 %-1599.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.611.214.2
Current ratio0.81.310.414.2
Cash and cash equivalents21.181 141.531 224.48
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBA

Variable visualization

ROA:0.66%
Rating: 23/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-6.18%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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