MK-Tag ApS — Credit Rating and Financial Key Figures

CVR number: 43351435
Engvej 6 A, 6600 Vejen
faktura@mktag.dk
tel: 25763850
www.mktag.dk

Credit rating

Company information

Official name
MK-Tag ApS
Personnel
10 persons
Established
2022
Company form
Private limited company
Industry

About MK-Tag ApS

MK-Tag ApS (CVR number: 43351435) is a company from VEJEN. The company recorded a gross profit of 4319.2 kDKK in 2024. The operating profit was -207.4 kDKK, while net earnings were -205.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -17.2 %, which can be considered poor and Return on Equity (ROE) was -67.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 14.7 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. MK-Tag ApS's liquidity measured by quick ratio was 0.8 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2022
2023
2024
Volume
Net sales
Gross profit3 758.743 255.224 319.25
EBIT161.68- 786.58- 207.43
Net earnings114.99- 615.47- 205.59
Shareholders equity total1 023.54408.06202.47
Balance sheet total (assets)1 782.401 040.491 376.40
Net debt- 877.78- 197.67447.61
Profitability
EBIT-%
ROA9.1 %-55.6 %-17.2 %
ROE11.2 %-86.0 %-67.3 %
ROI14.1 %-98.5 %-37.7 %
Economic value added (EVA)122.13- 673.59- 199.37
Solvency
Equity ratio57.4 %39.2 %14.7 %
Gearing10.0 %221.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.80.80.8
Current ratio1.80.80.8
Cash and cash equivalents877.78238.56
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:-17.2%
Rating: 3/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:14.7%
Rating: 14/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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