MMTC Finans ApS — Credit Rating and Financial Key Figures

CVR number: 40292446
Julagervænget 25, Hjallese 5260 Odense S

Company information

Official name
MMTC Finans ApS
Established
2019
Domicile
Hjallese
Company form
Private limited company
Industry

About MMTC Finans ApS

MMTC Finans ApS (CVR number: 40292446) is a company from ODENSE. The company recorded a gross profit of 0 kDKK in 2023, demonstrating a growth of 0 % compared to the previous year. The operating profit was 0 kDKK, while net earnings were 0 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0 %, which can be considered poor and Return on Equity (ROE) was 0 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MMTC Finans ApS's liquidity measured by quick ratio was 232.4 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-3.44
Gross profit13.49-2.60-5.47-3.44
EBIT-40.18-68.93-5.47-3.44
Net earnings-34.74-58.03-1.31-2.88
Shareholders equity total1 465.261 407.241 405.921 403.041 403.04
Balance sheet total (assets)1 465.261 407.241 409.361 409.911 409.10
Net debt- 203.65- 207.05-99.90- 211.21- 212.02
Profitability
EBIT-%
ROA-2.7 %-4.8 %-0.4 %-0.2 %
ROE-2.4 %-4.0 %-0.1 %-0.2 %
ROI-2.7 %-4.8 %-0.4 %-0.2 %
Economic value added (EVA)-31.47- 121.42-64.19-68.89-59.54
Solvency
Equity ratio100.0 %100.0 %99.8 %99.5 %99.6 %
Gearing0.2 %0.5 %0.4 %
Relative net indebtedness %6143.3 %
Liquidity
Quick ratio410.1205.1232.4
Current ratio410.1205.1232.4
Cash and cash equivalents203.65207.05103.34218.08218.08
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-40809.7 %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

Equity ratio:99.6%
Rating: 93/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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