ML HÅNDVÆRK ApS — Credit Rating and Financial Key Figures

CVR number: 36062010
Gammel Holtevej 46, Gl Holte 2840 Holte

Company information

Official name
ML HÅNDVÆRK ApS
Personnel
2 persons
Established
2014
Domicile
Gl Holte
Company form
Private limited company
Industry

About ML HÅNDVÆRK ApS

ML HÅNDVÆRK ApS (CVR number: 36062010) is a company from RUDERSDAL. The company reported a net sales of 3.3 mDKK in 2023, demonstrating a decline of -7.2 % compared to the previous year. The operating profit percentage was poor at -0.4 % (EBIT: -0 mDKK), while net earnings were 15.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.6 %, which can be considered poor but Return on Equity (ROE) was 10.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 16.3 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. ML HÅNDVÆRK 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales1 486.00926.002 164.003 505.003 252.37
Gross profit348.00354.00893.001 064.00641.38
EBIT-97.001.00253.00153.00-14.35
Net earnings- 101.00227.00117.0015.10
Shareholders equity total- 149.00- 149.0078.00195.00105.35
Balance sheet total (assets)322.00427.001 037.001 140.00650.84
Net debt-10.00-5.00- 806.00- 604.00- 131.87
Profitability
EBIT-%-6.5 %0.1 %11.7 %4.4 %-0.4 %
ROA-21.5 %0.2 %31.4 %14.1 %-1.6 %
ROE-28.6 %89.9 %85.7 %10.1 %
ROI-1077.8 %13.3 %544.1 %105.2 %-8.4 %
Economic value added (EVA)-79.678.99237.30155.9211.27
Solvency
Equity ratio-31.6 %-28.5 %8.9 %19.7 %16.3 %
Gearing-10.1 %9.2 %23.7 %
Relative net indebtedness %31.0 %60.0 %7.1 %9.2 %12.0 %
Liquidity
Quick ratio0.30.61.21.10.7
Current ratio0.40.51.00.90.7
Cash and cash equivalents10.0020.00806.00622.00156.79
Capital use efficiency
Trade debtors turnover (days)2.956.015.218.311.5
Net working capital %-19.0 %-29.5 %-0.9 %-2.4 %-5.2 %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:-1.60%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:16.3%
Rating: 16/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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