M+ II A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About M+ II A/S
M+ II A/S (CVR number: 43435094) is a company from HORSENS. The company recorded a gross profit of -40.3 kDKK in 2023. The operating profit was -40.3 kDKK, while net earnings were -79.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 1.3 %, which can be considered weak but Return on Equity (ROE) was -24.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 100 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. M+ II A/S's liquidity measured by quick ratio was 123.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2022 | 2023 | |
---|---|---|
Volume | ||
Net sales | ||
Gross profit | -52.82 | -40.30 |
EBIT | -52.82 | -40.30 |
Net earnings | -4 261.94 | -79 387.83 |
Shareholders equity total | 360 898.41 | 281 510.58 |
Balance sheet total (assets) | 360 936.07 | 281 542.58 |
Net debt | -0.68 | 24.39 |
Profitability | ||
EBIT-% | ||
ROA | -0.0 % | 1.3 % |
ROE | -1.2 % | -24.7 % |
ROI | -0.0 % | 1.3 % |
Economic value added (EVA) | -52.70 | -18 175.42 |
Solvency | ||
Equity ratio | 100.0 % | 100.0 % |
Gearing | 0.0 % | |
Relative net indebtedness % | ||
Liquidity | ||
Quick ratio | 39.7 | 123.7 |
Current ratio | 39.7 | 123.7 |
Cash and cash equivalents | 0.68 | 0.61 |
Capital use efficiency | ||
Trade debtors turnover (days) | ||
Net working capital % | ||
Credit risk | ||
Credit rating | A | A |
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