MM Ejendomme, Grindsted ApS — Credit Rating and Financial Key Figures

CVR number: 40073124
Dalsvej 10, Dal 7200 Grindsted

Credit rating

Company information

Official name
MM Ejendomme, Grindsted ApS
Established
2018
Domicile
Dal
Company form
Private limited company
Industry

About MM Ejendomme, Grindsted ApS

MM Ejendomme, Grindsted ApS (CVR number: 40073124) is a company from BILLUND. The company recorded a gross profit of 404.3 kDKK in 2024. The operating profit was 365.6 kDKK, while net earnings were 152.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.7 %, which can be considered decent but Return on Equity (ROE) was 68.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 3.7 %, 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. MM Ejendomme, Grindsted ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit34.55101.80133.03399.85404.33
EBIT31.8982.14128.37363.57365.64
Net earnings7.0037.718.7213.57152.49
Shareholders equity total85.71123.42132.14145.71298.21
Balance sheet total (assets)746.13897.333 833.267 795.097 964.63
Net debt600.59457.902 319.765 378.565 317.38
Profitability
EBIT-%
ROA4.2 %10.0 %5.4 %6.3 %4.7 %
ROE8.5 %36.1 %6.8 %9.8 %68.7 %
ROI4.4 %12.3 %8.3 %8.4 %5.9 %
Economic value added (EVA)-11.5832.2161.28231.6597.39
Solvency
Equity ratio11.5 %13.8 %3.4 %1.9 %3.7 %
Gearing722.6 %400.1 %1763.7 %3838.1 %1805.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.00.50.0
Current ratio0.10.20.10.50.1
Cash and cash equivalents18.7635.9410.79214.0067.20
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:4.66%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:3.74%
Rating: 4/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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