MR21 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MR21 ApS
MR21 ApS (CVR number: 42799688) is a company from VEJLE. The company reported a net sales of 1.3 mDKK in 2023, demonstrating a growth of 4.1 % compared to the previous year. The operating profit percentage was poor at -21 % (EBIT: -0.3 mDKK), while net earnings were -284.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -77.1 %, which can be considered poor and Return on Equity (ROE) was -155.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -41.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. MR21 ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2022 | 2023 | |
|---|---|---|
| Volume | ||
| Net sales | 1 288.72 | 1 341.40 |
| Gross profit | 347.23 | 76.72 |
| EBIT | 59.60 | - 281.70 |
| Net earnings | 55.02 | - 284.71 |
| Shareholders equity total | 95.02 | - 189.69 |
| Balance sheet total (assets) | 268.83 | 271.99 |
| Net debt | -88.09 | -1.06 |
| Profitability | ||
| EBIT-% | 4.6 % | -21.0 % |
| ROA | 22.2 % | -77.1 % |
| ROE | 57.9 % | -155.2 % |
| ROI | 41.1 % | -274.8 % |
| Economic value added (EVA) | 59.60 | - 279.53 |
| Solvency | ||
| Equity ratio | 35.3 % | -41.1 % |
| Gearing | 52.6 % | -31.6 % |
| Relative net indebtedness % | 2.8 % | 29.9 % |
| Liquidity | ||
| Quick ratio | 1.5 | 0.6 |
| Current ratio | 1.5 | 0.6 |
| Cash and cash equivalents | 138.09 | 61.06 |
| Capital use efficiency | ||
| Trade debtors turnover (days) | 33.1 | 42.5 |
| Net working capital % | 6.3 % | -15.2 % |
| Credit risk | ||
| Credit rating | BBB | C |
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