M+2 HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About M+2 HOLDING ApS
M+2 HOLDING ApS (CVR number: 32660584) is a company from HELSINGØR. The company recorded a gross profit of -7 kDKK in 2023. The operating profit was -7 kDKK, while net earnings were -778.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -97 %, which can be considered poor and Return on Equity (ROE) was -122.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 65.8 %, 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. M+2 HOLDING ApS's liquidity measured by quick ratio was 1.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -6.25 | -6.25 | -6.25 | -7.75 | -7.00 |
EBIT | -6.25 | -6.25 | -6.25 | -7.75 | -7.00 |
Net earnings | -6.25 | 1 596.26 | 459.07 | - 394.20 | - 778.19 |
Shareholders equity total | - 215.73 | 1 769.92 | 1 591.61 | 1 084.41 | 188.42 |
Balance sheet total (assets) | 1 875.98 | 1 735.55 | 1 159.62 | 286.31 | |
Net debt | 63.69 | ||||
Profitability | |||||
EBIT-% | |||||
ROA | -1.5 % | 76.3 % | 28.8 % | -27.2 % | -97.0 % |
ROE | 90.2 % | 27.3 % | -29.5 % | -122.3 % | |
ROI | -5.2 % | 87.1 % | 30.9 % | -29.4 % | -110.2 % |
Economic value added (EVA) | 4.28 | 4.59 | 59.58 | 52.10 | 24.49 |
Solvency | |||||
Equity ratio | -100.0 % | 94.3 % | 91.7 % | 93.5 % | 65.8 % |
Gearing | -29.5 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.6 | 0.9 | 3.2 | 1.8 | |
Current ratio | 2.6 | 0.9 | 3.2 | 1.8 | |
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | A | A | BBB | BB |
Variable visualization
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