M V ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About M V ApS
M V ApS (CVR number: 16672335) is a company from SKANDERBORG. The company reported a net sales of 0.2 mDKK in 2023, demonstrating a growth of 7.3 % compared to the previous year. The operating profit percentage was at 7.3 % (EBIT: 0 mDKK), while net earnings were 32.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.6 %, which can be considered weak and Return on Equity (ROE) was 2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 73.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. M V ApS's liquidity measured by quick ratio was 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 937.84 | 263.55 | 204.84 | 227.90 | 244.45 |
Gross profit | 909.77 | 239.18 | 177.52 | 205.72 | 231.95 |
EBIT | 554.53 | -25.00 | -2.14 | 16.27 | 17.92 |
Net earnings | 294.66 | -19.14 | 21.98 | 38.07 | 32.26 |
Shareholders equity total | 1 796.43 | 1 777.29 | 1 579.27 | 1 607.39 | 1 639.65 |
Balance sheet total (assets) | 2 233.14 | 2 070.97 | 2 007.14 | 2 828.00 | 2 236.69 |
Net debt | 4.34 | - 422.47 | - 233.56 | 39.05 | -1 760.70 |
Profitability | |||||
EBIT-% | 59.1 % | -9.5 % | -1.0 % | 7.1 % | 7.3 % |
ROA | 19.4 % | -0.9 % | 1.1 % | 2.1 % | 1.6 % |
ROE | 17.3 % | -1.1 % | 1.3 % | 2.4 % | 2.0 % |
ROI | 23.4 % | -1.1 % | 1.4 % | 3.1 % | 2.5 % |
Economic value added (EVA) | 373.30 | -93.73 | -48.02 | -33.88 | -45.39 |
Solvency | |||||
Equity ratio | 80.4 % | 85.8 % | 78.7 % | 56.8 % | 73.3 % |
Gearing | 0.2 % | 1.0 % | 2.4 % | ||
Relative net indebtedness % | 46.6 % | -55.5 % | 94.9 % | 535.6 % | -476.0 % |
Liquidity | |||||
Quick ratio | 4.1 | 5.6 | 3.7 | 2.0 | 3.0 |
Current ratio | 4.1 | 5.6 | 3.7 | 2.0 | 3.0 |
Cash and cash equivalents | 440.00 | 233.56 | 1 760.70 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | 80.6 | 66.8 | |||
Net working capital % | 145.8 % | 513.4 % | 563.0 % | 518.4 % | 496.5 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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