M2PLUS ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2 915.98 | 4 228.46 | 4 698.05 | 5 759.94 | 3 999.85 |
EBIT | - 437.66 | 676.55 | 1 173.03 | 1 105.75 | - 867.44 |
Net earnings | - 396.88 | 505.53 | 94.31 | 706.83 | - 987.80 |
Shareholders equity total | 1 394.09 | 1 899.61 | 1 993.92 | 2 700.75 | 137.95 |
Balance sheet total (assets) | 3 748.78 | 4 547.58 | 5 523.96 | 7 403.25 | 5 982.41 |
Net debt | 929.99 | 92.64 | 1 612.25 | 2 581.28 | 2 446.33 |
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) | - 442.57 | 454.29 | 747.98 | 749.15 | - 858.15 |
Solvency | |||||
Equity ratio | 37.2 % | 41.8 % | 36.1 % | 53.5 % | 23.4 % |
Gearing | 66.7 % | 16.0 % | 80.9 % | 95.6 % | 1773.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.6 | 1.7 | 1.6 | 2.7 | 1.5 |
Current ratio | 1.6 | 1.7 | 1.6 | 2.7 | 1.5 |
Cash and cash equivalents | 210.75 | 0.23 | 0.23 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A | A | BB |
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