MJJ ApS — Credit Rating and Financial Key Figures

CVR number: 40496610
Elmesvinget 2, 9574 Bælum
mjj0567@gmail.com

Credit rating

Company information

Official name
MJJ ApS
Personnel
1 person
Established
2019
Company form
Private limited company
Industry

About MJJ ApS

MJJ ApS (CVR number: 40496610) is a company from REBILD. The company reported a net sales of 2.4 mDKK in 2023, demonstrating a decline of -6.8 % compared to the previous year. The operating profit percentage was at 55 % (EBIT: 1.3 mDKK), while net earnings were 824.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 90.4 %, which can be considered excellent and Return on Equity (ROE) was 31.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 84.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MJJ ApS's liquidity measured by quick ratio was 6.4 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales40.00215.471 694.382 558.112 384.50
Gross profit40.00215.471 694.382 558.112 384.50
EBIT40.00195.35138.191 683.571 312.14
Net earnings30.18151.821 068.101 548.83824.67
Shareholders equity total70.18222.001 290.092 638.922 663.59
Balance sheet total (assets)128.69307.311 494.523 428.873 158.32
Net debt- 128.69- 214.61-1 180.30-2 942.51-2 748.14
Profitability
EBIT-%100.0 %90.7 %8.2 %65.8 %55.0 %
ROA31.1 %89.6 %15.4 %81.0 %90.4 %
ROE43.0 %103.9 %141.3 %78.8 %31.1 %
ROI57.0 %133.7 %18.4 %101.5 %41.0 %
Economic value added (EVA)31.20155.58107.381 307.501 022.37
Solvency
Equity ratio54.5 %72.2 %86.3 %77.0 %84.3 %
Gearing
Relative net indebtedness %-175.5 %-60.0 %-57.6 %-84.1 %-94.5 %
Liquidity
Quick ratio2.23.67.34.36.4
Current ratio2.23.67.34.36.4
Cash and cash equivalents128.69214.611 180.302 942.512 748.14
Capital use efficiency
Trade debtors turnover (days)157.041.829.944.4
Net working capital %175.5 %103.0 %76.1 %11.6 %20.4 %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:90.4%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:84.3%
Rating: 64/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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