M&J Recycling Group ApS — Credit Rating and Financial Key Figures

M&J Recycling Group ApS (CVR number: 42545651K) is a company from HORSENS. The company reported a net sales of 69.5 mEUR in 2023, demonstrating a growth of 5.6 % compared to the previous year. The operating profit percentage was at 1.4 % (EBIT: 1 mEUR), while net earnings were -1544 kEUR. The profitability of the company measured by Return on Assets (ROA) was 1.2 %, which can be considered weak but Return on Equity (ROE) was -4.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 50.9 %, 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. M&J Recycling Group ApS's liquidity measured by quick ratio was 0.8 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.