MN Bogføring ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MN Bogføring ApS
MN Bogføring ApS (CVR number: 40732020) is a company from HEDENSTED. The company reported a net sales of 0.9 mDKK in 2023, demonstrating a growth of 3.3 % compared to the previous year. The operating profit percentage was at 19.8 % (EBIT: 0.2 mDKK), while net earnings were 125.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 39.9 %, which can be considered excellent and Return on Equity (ROE) was 55.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 51.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. MN Bogføring ApS's liquidity measured by quick ratio was 2.1 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | 525.86 | 671.73 | 834.74 | 861.97 |
Gross profit | 456.71 | 591.47 | 738.20 | 706.51 |
EBIT | 8.69 | 34.41 | 168.98 | 171.04 |
Net earnings | 3.42 | 22.45 | 126.65 | 125.32 |
Shareholders equity total | 43.42 | 65.87 | 192.52 | 260.64 |
Balance sheet total (assets) | 166.33 | 262.86 | 350.32 | 506.28 |
Net debt | -24.88 | -46.82 | - 140.48 | -34.92 |
Profitability | ||||
EBIT-% | 1.7 % | 5.1 % | 20.2 % | 19.8 % |
ROA | 5.2 % | 16.0 % | 55.1 % | 39.9 % |
ROE | 7.9 % | 41.1 % | 98.0 % | 55.3 % |
ROI | 20.0 % | 63.0 % | 130.8 % | 75.5 % |
Economic value added (EVA) | 5.38 | 23.79 | 128.17 | 127.43 |
Solvency | ||||
Equity ratio | 26.1 % | 25.1 % | 55.0 % | 51.5 % |
Gearing | ||||
Relative net indebtedness % | 18.6 % | 22.4 % | 2.1 % | 24.4 % |
Liquidity | ||||
Quick ratio | 1.4 | 1.4 | 2.2 | 2.1 |
Current ratio | 1.4 | 1.4 | 2.2 | 2.1 |
Cash and cash equivalents | 24.88 | 46.82 | 140.48 | 34.92 |
Capital use efficiency | ||||
Trade debtors turnover (days) | 56.5 | 90.2 | 61.8 | 141.0 |
Net working capital % | 8.7 % | 11.1 % | 23.1 % | 30.2 % |
Credit risk | ||||
Credit rating | BB | BB | BB | BB |
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