MMD Ejendomme ApS — Credit Rating and Financial Key Figures

CVR number: 40674349
Avannarliit 3, 3900 Nuuk

Credit rating

Company information

Official name
MMD Ejendomme ApS
Established
2019
Company form
Private limited company
Industry

About MMD Ejendomme ApS

MMD Ejendomme ApS (CVR number: 40674349) is a company from SERMERSOOQ. The company recorded a gross profit of 782 kDKK in 2024. The operating profit was 395.8 kDKK, while net earnings were 153.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.4 %, which can be considered decent but Return on Equity (ROE) was 14.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 13.2 %, 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. MMD Ejendomme 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 profit638.47553.92603.31879.66781.99
EBIT539.39444.87494.25770.60395.82
Net earnings156.71143.30221.01430.17153.53
Shareholders equity total206.71350.01571.021 001.191 154.72
Balance sheet total (assets)9 523.599 414.539 309.899 208.878 735.25
Net debt7 779.377 489.808 273.156 696.976 281.93
Profitability
EBIT-%
ROA5.7 %4.7 %5.3 %8.3 %4.4 %
ROE75.8 %51.5 %48.0 %54.7 %14.2 %
ROI6.7 %5.5 %5.8 %9.1 %5.0 %
Economic value added (EVA)314.41-58.6611.37199.95-93.04
Solvency
Equity ratio2.2 %3.7 %6.1 %10.9 %13.2 %
Gearing3763.5 %2139.9 %1448.8 %669.0 %544.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.0
Current ratio0.00.0
Cash and cash equivalents0.61
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:4.41%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:13.2%
Rating: 13/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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