MK ILLUMINATION ApS — Credit Rating and Financial Key Figures

CVR number: 25812573
Fluebæksvej 190, Benløse 4100 Ringsted

Company information

Official name
MK ILLUMINATION ApS
Personnel
24 persons
Established
2001
Domicile
Benløse
Company form
Private limited company
Industry

About MK ILLUMINATION ApS

MK ILLUMINATION ApS (CVR number: 25812573) is a company from RINGSTED. The company recorded a gross profit of 25.5 mDKK in 2023. The operating profit was 4665.9 kDKK, while net earnings were 2721.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.8 %, which can be considered good but Return on Equity (ROE) was 23.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 31.5 %, 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. MK ILLUMINATION ApS's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit18 901.6421 103.4821 483.9118 148.2925 455.00
EBIT3 894.001 489.041 351.73-2 538.004 665.89
Net earnings2 945.351 070.78977.07-2 696.222 721.75
Shareholders equity total12 516.9012 837.6813 814.7511 118.5311 731.60
Balance sheet total (assets)22 279.8431 356.8938 725.7542 163.7839 524.62
Net debt-6 776.22-2 796.51890.1211 005.5114 460.07
Profitability
EBIT-%
ROA18.2 %5.6 %3.9 %-6.1 %11.8 %
ROE26.1 %8.4 %7.3 %-21.6 %23.8 %
ROI34.2 %9.8 %6.2 %-10.3 %19.9 %
Economic value added (EVA)2 879.78838.87747.44-2 605.722 635.53
Solvency
Equity ratio56.2 %42.2 %36.2 %27.5 %31.5 %
Gearing34.4 %29.9 %99.3 %123.5 %
Relative net indebtedness %
Liquidity
Quick ratio2.01.51.81.51.5
Current ratio2.21.62.01.71.6
Cash and cash equivalents6 776.227 217.053 243.0531.7734.02
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBBA

Variable visualization

ROA:11.8%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:31.5%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

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