3M HANDEL ApS — Credit Rating and Financial Key Figures

CVR number: 32342221
Egå Møllevej 120, 8250 Egå
tel: 40174868

Company information

Official name
3M HANDEL ApS
Personnel
1 person
Established
2011
Company form
Private limited company
Industry

About 3M HANDEL ApS

3M HANDEL ApS (CVR number: 32342221) is a company from AARHUS. The company recorded a gross profit of 43.9 kDKK in 2023. The operating profit was 32.6 kDKK, while net earnings were 20.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.9 %, which can be considered good and Return on Equity (ROE) was 9.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 67.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. 3M HANDEL ApS's liquidity measured by quick ratio was 0.3 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 profit287.69379.5291.27-48.0443.92
EBIT63.64156.81- 141.95- 191.0832.59
Net earnings46.26114.36- 120.01- 210.7420.59
Shareholders equity total459.21573.57410.50199.77220.36
Balance sheet total (assets)703.491 032.97542.01322.43325.38
Net debt- 119.08- 252.54- 117.11- 208.5623.69
Profitability
EBIT-%
ROA9.8 %18.1 %-18.0 %-44.2 %10.9 %
ROE10.6 %22.1 %-24.4 %-69.1 %9.8 %
ROI14.1 %29.6 %-28.5 %-61.4 %14.8 %
Economic value added (EVA)31.55104.43- 130.98- 223.0719.99
Solvency
Equity ratio65.3 %55.5 %75.7 %62.0 %67.7 %
Gearing5.8 %15.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.61.42.20.3
Current ratio1.71.72.32.21.5
Cash and cash equivalents119.08252.54117.11220.229.51
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:10.9%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:67.7%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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