MMDESIGN ApS — Credit Rating and Financial Key Figures

CVR number: 33749635
Absalonsgade 3, 4180 Sorø
email@mmdesign.dk
tel: 51821717

Credit rating

Company information

Official name
MMDESIGN ApS
Personnel
1 person
Established
2011
Company form
Private limited company
Industry

About MMDESIGN ApS

MMDESIGN ApS (CVR number: 33749635) is a company from SORØ. The company recorded a gross profit of 238.8 kDKK in 2023. The operating profit was 191.9 kDKK, while net earnings were 185 kDKK. The profitability of the company measured by Return on Assets (ROA) was 28.5 %, which can be considered excellent and Return on Equity (ROE) was 25.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 94.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MMDESIGN ApS's liquidity measured by quick ratio was 10.1 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit195.97180.86105.27258.90238.85
EBIT93.9855.20-52.2273.02191.86
Net earnings66.4539.4318.29-78.58184.96
Shareholders equity total665.59705.02723.31644.73829.69
Balance sheet total (assets)915.55928.44786.27828.57881.83
Net debt-88.13- 187.29- 364.98- 338.75- 518.85
Profitability
EBIT-%
ROA9.7 %6.0 %1.1 %9.0 %28.5 %
ROE10.5 %5.8 %2.6 %-11.5 %25.1 %
ROI13.3 %7.3 %1.2 %9.6 %30.4 %
Economic value added (EVA)52.8912.99-63.0952.01140.28
Solvency
Equity ratio72.7 %75.9 %92.0 %77.8 %94.1 %
Gearing18.5 %1.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.51.214.82.510.1
Current ratio5.25.931.84.516.9
Cash and cash equivalents88.13187.29364.98458.14527.99
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:28.5%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:94.1%
Rating: 75/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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