MMJ INVEST ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 267.81 | 241.54 | 333.77 | 319.04 | 151.43 |
Gross profit | 203.02 | 142.43 | 232.64 | 334.02 | 94.63 |
EBIT | 203.02 | 134.83 | 187.04 | 334.02 | 94.63 |
Net earnings | 48.55 | 1 278.87 | 34.14 | 451.48 | 1 828.52 |
Shareholders equity total | 8 101.22 | 9 269.50 | 9 190.64 | 9 527.72 | 11 238.44 |
Balance sheet total (assets) | 8 743.41 | 11 464.86 | 11 470.26 | 11 937.20 | 14 169.78 |
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 % |
ROA | 3.9 % | 15.6 % | 3.6 % | 5.4 % | 18.7 % |
ROE | 0.6 % | 14.7 % | 0.4 % | 4.8 % | 17.6 % |
ROI | 4.0 % | 16.0 % | 3.8 % | 5.5 % | 19.2 % |
Economic value added (EVA) | 113.80 | -60.77 | 27.38 | 207.86 | 2.89 |
Solvency | |||||
Equity ratio | 92.7 % | 80.9 % | 80.1 % | 79.8 % | 79.3 % |
Gearing | 7.0 % | 19.1 % | 20.4 % | 23.9 % | 20.8 % |
Relative net indebtedness % | -1237.0 % | -1565.7 % | -934.6 % | -992.9 % | -3140.2 % |
Liquidity | |||||
Quick ratio | 13.0 | 4.9 | 4.6 | 4.4 | 4.3 |
Current ratio | 13.0 | 4.9 | 4.6 | 4.4 | 4.3 |
Cash and cash equivalents | 3 955.10 | 5 966.19 | 5 388.86 | 5 577.31 | 7 686.44 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 1801.9 % | 1195.9 % | 1060.3 % | 1283.3 % | 1931.6 % |
Credit risk | |||||
Credit rating | A | AA | A | AA | AA |
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