MDevelopment ApS — Credit Rating and Financial Key Figures

CVR number: 37393290
Olaf Rudes Vej 8 A, 8270 Højbjerg
Free credit report Annual report

Credit rating

Company information

Official name
MDevelopment ApS
Personnel
1 person
Established
2016
Company form
Private limited company
Industry

About MDevelopment ApS

MDevelopment ApS (CVR number: 37393290) is a company from AARHUS. The company recorded a gross profit of 2033.8 kDKK in 2024. The operating profit was 1329.4 kDKK, while net earnings were 1018.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 55.6 %, which can be considered excellent and Return on Equity (ROE) was 87.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 38 %, 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. MDevelopment ApS's liquidity measured by quick ratio was 1.6 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit212.18113.12176.272 251.372 033.83
EBIT210.58113.12173.771 560.501 329.43
Net earnings157.0479.89116.081 215.151 018.35
Shareholders equity total207.86130.75167.831 266.981 070.33
Balance sheet total (assets)400.17452.76623.671 992.232 814.01
Net debt- 135.04-19.40- 159.98- 945.07- 442.21
Profitability
EBIT-%
ROA74.5 %26.6 %32.4 %119.8 %55.6 %
ROE98.6 %47.2 %77.8 %169.4 %87.1 %
ROI95.9 %32.7 %36.3 %171.4 %71.1 %
Economic value added (EVA)156.9573.41115.511 188.90973.08
Solvency
Equity ratio51.9 %28.9 %26.9 %63.6 %38.0 %
Gearing42.0 %205.2 %233.4 %0.1 %132.7 %
Relative net indebtedness %
Liquidity
Quick ratio2.11.41.42.71.6
Current ratio2.11.41.42.71.6
Cash and cash equivalents222.39287.72551.66945.961 862.74
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:55.6%
Rating: 98/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:38.0%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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