MMJ INVEST ApS — Credit Rating and Financial Key Figures

CVR number: 36431636
Rosinfeltvej 141, 6270 Tønder

Company information

Official name
MMJ INVEST ApS
Established
2014
Company form
Private limited company
Industry

About MMJ INVEST ApS

MMJ INVEST ApS (CVR number: 36431636) is a company from TØNDER. The company reported a net sales of 0.2 mDKK in 2023, demonstrating a decline of -52.5 % compared to the previous year. The operating profit percentage was at 62.5 % (EBIT: 0.1 mDKK), while net earnings were 1828.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.7 %, which can be considered excellent and Return on Equity (ROE) was 17.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 79.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. MMJ INVEST ApS's liquidity measured by quick ratio was 4.3 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales267.81241.54333.77319.04151.43
Gross profit203.02142.43232.64334.0294.63
EBIT203.02134.83187.04334.0294.63
Net earnings48.551 278.8734.14451.481 828.52
Shareholders equity total8 101.229 269.509 190.649 527.7211 238.44
Balance sheet total (assets)8 743.4111 464.8611 470.2611 937.2014 169.78
Net debt-3 387.42-4 195.00-3 517.77-3 300.30-5 344.45
Profitability
EBIT-%75.8 %55.8 %56.0 %104.7 %62.5 %
ROA3.9 %15.6 %3.6 %5.4 %18.7 %
ROE0.6 %14.7 %0.4 %4.8 %17.6 %
ROI4.0 %16.0 %3.8 %5.5 %19.2 %
Economic value added (EVA)113.80-60.7727.38207.862.89
Solvency
Equity ratio92.7 %80.9 %80.1 %79.8 %79.3 %
Gearing7.0 %19.1 %20.4 %23.9 %20.8 %
Relative net indebtedness %-1237.0 %-1565.7 %-934.6 %-992.9 %-3140.2 %
Liquidity
Quick ratio13.04.94.64.44.3
Current ratio13.04.94.64.44.3
Cash and cash equivalents3 955.105 966.195 388.865 577.317 686.44
Capital use efficiency
Trade debtors turnover (days)
Net working capital %1801.9 %1195.9 %1060.3 %1283.3 %1931.6 %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:18.7%
Rating: 72/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:79.3%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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