M&J Denmark A/S — Credit Rating and Financial Key Figures

CVR number: 45505316
Vejlevej 5, 8700 Horsens
finance@mjrecycling.com
tel: 76266401

Credit rating

Company information

Official name
M&J Denmark A/S
Personnel
109 persons
Established
1999
Company form
Limited company
Industry

About M&J Denmark A/S

M&J Denmark A/S (CVR number: 45505316) is a company from HORSENS. The company reported a net sales of 342.5 mDKK in 2024, demonstrating a decline of -33.4 % compared to the previous year. The operating profit percentage was poor at -1.9 % (EBIT: -6.6 mDKK), while net earnings were -6133 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.2 %, which can be considered poor and Return on Equity (ROE) was -4.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 110.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. M&J Denmark A/S's liquidity measured by quick ratio was -3 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales363.78385.96488.52514.62342.52
Gross profit104.12101.94150.67152.1478.87
EBIT51.9638.6049.3343.63-6.65
Net earnings40.5828.6341.8732.77-6.13
Shareholders equity total-81.40- 110.03151.90164.67109.73
Balance sheet total (assets)188.98242.48359.16312.55284.54
Net debt17.1042.21
Profitability
EBIT-%14.3 %10.0 %10.1 %8.5 %-1.9 %
ROA23.7 %12.4 %13.9 %13.9 %-1.2 %
ROE-276.2 %-29.9 %200.0 %20.7 %-4.5 %
ROI23.7 %12.4 %13.9 %14.0 %-1.2 %
Economic value added (EVA)49.3542.6954.8625.73-13.25
Solvency
Equity ratio100.0 %91.2 %110.7 %
Gearing10.4 %38.5 %
Relative net indebtedness %6.8 %8.6 %
Liquidity
Quick ratio-3.0
Current ratio15.3
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)45.2
Net working capital %-3.9 %58.4 %
Credit risk
Credit ratingBBBBBBBBBABBB

Variable visualization

ROA:-1.22%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:110.7%
Rating: 100/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board
Board member
Board member

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