M2PLUS ApS — Credit Rating and Financial Key Figures

CVR number: 32453457
Hobrovej 42 D, 9000 Aalborg
lbs@m2plus.dk
tel: 25155555

Company information

Official name
M2PLUS ApS
Personnel
12 persons
Established
2009
Company form
Private limited company
Industry

About M2PLUS ApS

M2PLUS ApS (CVR number: 32453457) is a company from AALBORG. The company recorded a gross profit of 3999.9 kDKK in 2023. The operating profit was -867.4 kDKK, while net earnings were -987.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -11.7 %, which can be considered poor and Return on Equity (ROE) was -69.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 23.4 %, 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. M2PLUS ApS's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit2 915.984 228.464 698.055 759.943 999.85
EBIT- 437.66676.551 173.031 105.75- 867.44
Net earnings- 396.88505.5394.31706.83- 987.80
Shareholders equity total1 394.091 899.611 993.922 700.75137.95
Balance sheet total (assets)3 748.784 547.585 523.967 403.255 982.41
Net debt929.9992.641 612.252 581.282 446.33
Profitability
EBIT-%
ROA-12.2 %16.4 %23.3 %17.8 %-11.7 %
ROE-24.2 %30.7 %4.8 %30.1 %-69.6 %
ROI-18.7 %29.8 %38.4 %24.6 %-19.4 %
Economic value added (EVA)- 442.57454.29747.98749.15- 858.15
Solvency
Equity ratio37.2 %41.8 %36.1 %53.5 %23.4 %
Gearing66.7 %16.0 %80.9 %95.6 %1773.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.61.71.62.71.5
Current ratio1.61.71.62.71.5
Cash and cash equivalents210.750.230.23
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAABB

Variable visualization

ROA:-11.7%
Rating: 8/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:23.4%
Rating: 22/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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