ML HÅNDVÆRK ApS — Credit Rating and Financial Key Figures

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

Company information

Official name
ML HÅNDVÆRK ApS
Personnel
3 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 3.1 mDKK in 2024, demonstrating a decline of -3.7 % compared to the previous year. The operating profit percentage was at 1.5 % (EBIT: 0 mDKK), while net earnings were 31.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.7 %, which can be considered decent but Return on Equity (ROE) was 25.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 19.1 %, 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
2020
2021
2022
2023
2024
Volume
Net sales926.002 164.003 505.003 253.003 132.95
Gross profit354.00893.001 064.00641.00779.58
EBIT1.00253.00153.00-15.0046.45
Net earnings227.00117.0015.0031.18
Shareholders equity total- 149.0078.00195.00105.00136.54
Balance sheet total (assets)427.001 037.001 140.00651.00739.06
Net debt-5.00- 806.00- 604.00- 132.00- 267.35
Profitability
EBIT-%0.1 %11.7 %4.4 %-0.5 %1.5 %
ROA0.2 %31.4 %14.1 %-1.7 %6.7 %
ROE89.9 %85.7 %10.0 %25.8 %
ROI13.3 %544.1 %105.2 %-8.7 %34.7 %
Economic value added (EVA)8.49235.54115.42-21.3524.60
Solvency
Equity ratio-28.5 %8.9 %19.7 %16.3 %19.1 %
Gearing-10.1 %9.2 %23.8 %1.0 %
Relative net indebtedness %60.0 %7.1 %9.2 %12.0 %10.7 %
Liquidity
Quick ratio0.61.21.10.70.7
Current ratio0.51.00.90.70.6
Cash and cash equivalents20.00806.00622.00157.00268.77
Capital use efficiency
Trade debtors turnover (days)56.015.218.311.43.8
Net working capital %-29.5 %-0.9 %-2.4 %-5.2 %-6.8 %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:6.68%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:19.1%
Rating: 18/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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