MMJ Service ApS — Credit Rating and Financial Key Figures

CVR number: 40793070
Rødeledsvej 3, 5700 Svendborg
martin.rasmussen929@gmail.com
tel: 41276988

Credit rating

Company information

Official name
MMJ Service ApS
Personnel
1 person
Established
2019
Company form
Private limited company
Industry

About MMJ Service ApS

MMJ Service ApS (CVR number: 40793070) is a company from SVENDBORG. The company recorded a gross profit of 536.7 kDKK in 2023. The operating profit was 270.4 kDKK, while net earnings were 209 kDKK. The profitability of the company measured by Return on Assets (ROA) was 42.7 %, which can be considered excellent and Return on Equity (ROE) was 40.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 74.3 %, 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. MMJ Service ApS's liquidity measured by quick ratio was 3.4 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 profit303.82222.28224.89536.72
EBIT217.25102.61115.49270.42
Net earnings168.7790.8287.75208.96
Shareholders equity total228.77319.58407.33613.63
Balance sheet total (assets)352.99355.76444.38825.77
Net debt- 302.92- 176.00- 271.15- 283.24
Profitability
EBIT-%
ROA61.5 %29.0 %28.9 %42.7 %
ROE73.8 %33.1 %24.1 %40.9 %
ROI95.0 %37.4 %31.8 %53.2 %
Economic value added (EVA)169.4696.5382.70203.20
Solvency
Equity ratio64.8 %89.8 %91.7 %74.3 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio2.85.98.63.4
Current ratio2.85.98.63.4
Cash and cash equivalents302.92176.00271.15283.24
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:42.7%
Rating: 90/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:74.3%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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