MK GROUP HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 34904421
Nyvang 16, 5500 Middelfart

Company information

Official name
MK GROUP HOLDING ApS
Established
2013
Company form
Private limited company
Industry

About MK GROUP HOLDING ApS

MK GROUP HOLDING ApS (CVR number: 34904421) is a company from MIDDELFART. The company reported a net sales of 2.6 mDKK in 2023, demonstrating a growth of 39.5 % compared to the previous year. The operating profit percentage was at 99.7 % (EBIT: 2.6 mDKK), while net earnings were 2642.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 23.1 %, which can be considered excellent and Return on Equity (ROE) was 24.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 91.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MK GROUP HOLDING ApS's liquidity measured by quick ratio was 5.1 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
2019
2020
2021
2022
2023
Volume
Net sales1 883.192 626.73
Gross profit-4.55-7.50-5.441 876.632 619.06
EBIT-4.55-7.50-5.441 876.632 619.06
Net earnings1 795.582 251.932 482.151 838.312 642.14
Shareholders equity total6 362.788 514.7110 896.8612 635.188 777.32
Balance sheet total (assets)6 891.569 114.4011 511.8013 256.269 608.57
Net debt-2 536.30-4 679.29-7 209.77-8 869.31-2 700.85
Profitability
EBIT-%99.7 %99.7 %
ROA30.1 %28.6 %24.5 %15.2 %23.1 %
ROE32.7 %30.3 %25.6 %15.6 %24.7 %
ROI30.3 %28.9 %24.7 %15.2 %23.3 %
Economic value added (EVA)113.23109.4968.532 016.582 633.32
Solvency
Equity ratio92.3 %93.4 %94.7 %95.3 %91.3 %
Gearing8.2 %5.3 %5.5 %4.6 %7.9 %
Relative net indebtedness %-468.9 %-97.7 %
Liquidity
Quick ratio6.99.613.816.35.1
Current ratio6.99.613.816.35.1
Cash and cash equivalents3 060.085 129.857 813.209 452.293 396.37
Capital use efficiency
Trade debtors turnover (days)
Net working capital %504.6 %130.1 %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:23.1%
Rating: 79/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:91.3%
Rating: 72/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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