MB Funder ApS — Credit Rating and Financial Key Figures

CVR number: 38533673
Faldet 27, 9800 Hjørring

Company information

Official name
MB Funder ApS
Personnel
1 person
Established
2017
Company form
Private limited company
Industry

About MB Funder ApS

MB Funder ApS (CVR number: 38533673) is a company from HJØRRING. The company recorded a gross profit of 575.5 kDKK in 2023. The operating profit was 453.6 kDKK, while net earnings were 148.4 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 16.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 10 %, 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. MB Funder ApS's liquidity measured by quick ratio was 0.1 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit430.00567.00557.00515.00575.53
EBIT396.00522.00439.00384.00453.64
Net earnings247.00233.00160.0054.00148.45
Shareholders equity total392.00625.00785.00839.00987.18
Balance sheet total (assets)9 827.009 185.009 140.009 401.009 865.47
Net debt8 574.008 298.008 113.008 044.007 812.66
Profitability
EBIT-%
ROA4.0 %5.5 %4.8 %4.1 %4.7 %
ROE92.0 %45.8 %22.7 %6.7 %16.3 %
ROI4.1 %5.6 %4.9 %4.2 %4.8 %
Economic value added (EVA)304.79398.88290.80213.43304.94
Solvency
Equity ratio4.0 %6.8 %8.6 %8.9 %10.0 %
Gearing2339.5 %1327.7 %1033.5 %995.2 %874.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.00.1
Current ratio0.10.00.1
Cash and cash equivalents597.00306.00815.47
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:4.71%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:10.0%
Rating: 10/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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