MK ILLUMINATION ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MK ILLUMINATION ApS
MK ILLUMINATION ApS (CVR number: 25812573) is a company from RINGSTED. The company recorded a gross profit of 22.7 mDKK in 2024. The operating profit was 5123.8 kDKK, while net earnings were -502.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 25.4 %, which can be considered excellent but Return on Equity (ROE) was -4.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 28.4 %, 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 1.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 21 103.48 | 21 483.91 | 18 148.29 | 25 455.00 | 22 651.74 |
| EBIT | 1 489.04 | 1 351.73 | -2 538.00 | 4 665.89 | 5 123.78 |
| Net earnings | 1 070.78 | 977.07 | -2 696.22 | 2 721.75 | - 502.48 |
| Shareholders equity total | 12 837.68 | 13 814.75 | 11 118.53 | 11 731.60 | 11 229.13 |
| Balance sheet total (assets) | 31 356.89 | 38 725.75 | 42 163.78 | 39 416.25 | 40 167.64 |
| Net debt | -2 796.51 | 890.12 | 11 005.51 | 13 605.63 | 15 162.04 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 5.6 % | 3.9 % | -6.1 % | 11.9 % | 25.4 % |
| ROE | 8.4 % | 7.3 % | -21.6 % | 23.8 % | -4.4 % |
| ROI | 9.8 % | 6.2 % | -10.3 % | 20.4 % | 3.5 % |
| Economic value added (EVA) | 498.37 | 162.65 | -2 978.23 | 2 443.90 | 3 443.97 |
| Solvency | |||||
| Equity ratio | 42.2 % | 36.2 % | 27.5 % | 31.5 % | 28.4 % |
| Gearing | 34.4 % | 29.9 % | 99.3 % | 116.3 % | 135.3 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.5 | 1.8 | 1.5 | 1.6 | 1.3 |
| Current ratio | 1.6 | 2.0 | 1.7 | 1.7 | 1.4 |
| Cash and cash equivalents | 7 217.05 | 3 243.05 | 31.77 | 34.02 | 34.02 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | A | BBB | BBB | BBB |
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