M & M 42 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About M & M 42 ApS
M & M 42 ApS (CVR number: 53680011) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of -164.5 kDKK in 2023. The operating profit was -348.5 kDKK, while net earnings were 3827 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.9 %, which can be considered good and Return on Equity (ROE) was 8.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 81.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. M & M 42 ApS's liquidity measured by quick ratio was 5.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -72.07 | -47.43 | - 189.46 | - 211.14 | - 164.51 |
EBIT | - 255.74 | - 231.21 | - 396.16 | - 395.19 | - 348.55 |
Net earnings | - 899.71 | 10 742.41 | -7 034.32 | - 501.38 | 3 826.96 |
Shareholders equity total | 38 723.44 | 49 465.85 | 41 431.53 | 40 930.15 | 44 757.11 |
Balance sheet total (assets) | 47 886.01 | 60 554.49 | 51 669.46 | 51 123.49 | 55 186.68 |
Net debt | -35 148.43 | -48 804.99 | -41 116.19 | -40 441.32 | -44 575.25 |
Profitability | |||||
EBIT-% | |||||
ROA | -0.1 % | 23.5 % | 3.4 % | 1.3 % | 8.9 % |
ROE | -2.3 % | 24.4 % | -15.5 % | -1.2 % | 8.9 % |
ROI | -0.1 % | 23.8 % | 3.4 % | 1.3 % | 8.9 % |
Economic value added (EVA) | 121.30 | 75.99 | 46.22 | 71.55 | 139.04 |
Solvency | |||||
Equity ratio | 80.9 % | 81.7 % | 80.2 % | 80.1 % | 81.1 % |
Gearing | 23.5 % | 19.1 % | 24.6 % | 24.8 % | 23.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 4.9 | 6.1 | 5.0 | 5.0 | 5.3 |
Current ratio | 4.9 | 6.1 | 5.0 | 5.0 | 5.3 |
Cash and cash equivalents | 44 242.40 | 58 269.51 | 51 303.40 | 50 583.80 | 54 946.66 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | AA | A | A | AA |
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