M8 Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About M8 Holding ApS
M8 Holding ApS (CVR number: 39147696) is a company from NÆSTVED. The company recorded a gross profit of -5.4 kDKK in 2023. The operating profit was -5.4 kDKK, while net earnings were -4.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.5 %, which can be considered poor and Return on Equity (ROE) was -30.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 30.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. M8 Holding ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -3.75 | -3.75 | -3.75 | -5.46 | -5.36 |
EBIT | -3.75 | -3.75 | -3.75 | -5.46 | -5.36 |
Net earnings | -3.02 | -6.16 | -4.91 | -6.37 | -4.23 |
Shareholders equity total | -5.69 | -11.85 | 22.24 | 15.87 | 11.64 |
Balance sheet total (assets) | 2.58 | 1.75 | 40.00 | 39.45 | 38.34 |
Net debt | -0.23 | -1.00 | -19.45 | -18.34 | |
Profitability | |||||
EBIT-% | |||||
ROA | -47.0 % | -34.3 % | -16.8 % | -13.7 % | -9.5 % |
ROE | -137.2 % | -284.7 % | -40.9 % | -33.4 % | -30.8 % |
ROI | -395.0 % | -975.3 % | -40.5 % | -28.6 % | -26.8 % |
Economic value added (EVA) | -3.57 | -3.96 | -3.07 | -6.58 | -4.17 |
Solvency | |||||
Equity ratio | -68.9 % | -87.1 % | 55.6 % | 40.2 % | 30.3 % |
Gearing | -13.5 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.2 | 0.1 | 2.3 | 0.8 | 0.7 |
Current ratio | 0.2 | 0.1 | 2.3 | 0.8 | 0.7 |
Cash and cash equivalents | 1.00 | 1.00 | 19.45 | 18.34 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | B | BBB | BBB |
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