MM 2020 ApS

MM 2020 ApS (CVR number: 40793704) is a company from ODENSE. The company reported a net sales of 1.7 mDKK in 2021, demonstrating a growth of 39.2 % compared to the previous year. The operating profit percentage was at 26.4 % (EBIT: 0.4 mDKK), while net earnings were 342.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 62.6 %, which can be considered excellent and Return on Equity (ROE) was 85 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 66.4 %, 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. MM 2020 ApS's liquidity measured by quick ratio was 1.3 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.