MK FYN ApS — Credit Rating and Financial Key Figures

CVR number: 28666942
Freltoftevej 31, Freltofte 5792 Årslev
set457@gmail.com
tel: 61304122

Credit rating

Company information

Official name
MK FYN ApS
Personnel
1 person
Established
2006
Domicile
Freltofte
Company form
Private limited company
Industry

About MK FYN ApS

MK FYN ApS (CVR number: 28666942) is a company from FAABORG-MIDTFYN. The company recorded a gross profit of 444 kDKK in 2023. The operating profit was 116 kDKK, while net earnings were 72.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.8 %, which can be considered good but Return on Equity (ROE) was 19.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 33.5 %, 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. MK FYN ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales13.81
Gross profit-1.1514.2685.22222.56444.03
EBIT9.92-7.324.57134.54116.02
Net earnings10.8846.97-30.1715.0172.74
Shareholders equity total300.54347.51320.20335.21407.94
Balance sheet total (assets)739.15940.32973.551 048.311 216.89
Net debt- 195.39227.44232.45162.9526.76
Profitability
EBIT-%71.8 %
ROA2.5 %7.6 %0.7 %1.5 %14.8 %
ROE3.7 %14.5 %-9.0 %4.6 %19.6 %
ROI5.7 %10.5 %0.8 %1.6 %6.9 %
Economic value added (EVA)-2.48-10.974.04138.39123.39
Solvency
Equity ratio40.7 %37.0 %32.9 %32.0 %33.5 %
Gearing162.5 %196.5 %192.4 %179.5 %
Relative net indebtedness %1760.7 %
Liquidity
Quick ratio0.50.60.60.70.9
Current ratio0.50.60.60.70.9
Cash and cash equivalents195.39337.11396.66481.87705.55
Capital use efficiency
Trade debtors turnover (days)420.5
Net working capital %-2256.1 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:14.8%
Rating: 66/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:33.5%
Rating: 29/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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