MN HOLDING TULLEBØLLE ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MN HOLDING TULLEBØLLE ApS
MN HOLDING TULLEBØLLE ApS (CVR number: 34721300) is a company from LANGELAND. The company recorded a gross profit of -4 kDKK in 2023, demonstrating a decline of 0 % compared to the previous year. The operating profit was -4 kDKK, while net earnings were 73.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.7 %, which can be considered good but Return on Equity (ROE) was 18.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 36.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. MN HOLDING TULLEBØLLE 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | -3.87 | - 135.11 | 362.04 | 12.86 | |
Gross profit | -6.99 | - 138.80 | 357.78 | 7.75 | -4.00 |
EBIT | -6.99 | - 138.80 | 357.78 | 7.75 | -4.00 |
Net earnings | -4.96 | - 136.75 | 358.19 | 5.61 | 73.92 |
Shareholders equity total | 474.51 | 238.19 | 500.04 | 408.61 | 381.98 |
Balance sheet total (assets) | 737.19 | 585.96 | 936.38 | 944.30 | 1 035.62 |
Net debt | 255.15 | 340.41 | 429.58 | 530.31 | 648.33 |
Profitability | |||||
EBIT-% | 98.8 % | 60.3 % | |||
ROA | 0.5 % | -18.9 % | 49.0 % | 3.2 % | 11.7 % |
ROE | -0.9 % | -38.4 % | 97.0 % | 1.2 % | 18.7 % |
ROI | 0.5 % | -19.0 % | 49.3 % | 3.2 % | 11.7 % |
Economic value added (EVA) | -12.47 | - 149.12 | 336.36 | 8.81 | -6.00 |
Solvency | |||||
Equity ratio | 64.4 % | 40.6 % | 53.4 % | 43.3 % | 36.9 % |
Gearing | 54.3 % | 143.9 % | 86.3 % | 129.9 % | 169.8 % |
Relative net indebtedness % | -6723.9 % | -255.6 % | 120.0 % | 4161.7 % | |
Liquidity | |||||
Quick ratio | 1.2 | 1.1 | 0.9 | 0.9 | 0.7 |
Current ratio | 1.2 | 1.1 | 0.9 | 0.9 | 0.7 |
Cash and cash equivalents | 2.53 | 2.37 | 1.76 | 0.38 | 0.31 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -1185.5 % | -32.7 % | -16.5 % | -519.8 % | |
Credit risk | |||||
Credit rating | BBB | BB | BBB | BBB | A |
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