MMG Service ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MMG Service ApS
MMG Service ApS (CVR number: 43094467) is a company from HEDENSTED. The company recorded a gross profit of 858.3 kDKK in 2023. The operating profit was -49.9 kDKK, while net earnings were -40.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -27.7 %, which can be considered poor and Return on Equity (ROE) was -60.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 38.3 %, 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. MMG Service ApS's liquidity measured by quick ratio was 1.6 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 financials2022 | 2023 | |
---|---|---|
Volume | ||
Net sales | ||
Gross profit | 743.44 | 858.32 |
EBIT | 62.23 | -49.88 |
Net earnings | 47.52 | -40.50 |
Shareholders equity total | 87.52 | 47.02 |
Balance sheet total (assets) | 233.08 | 122.77 |
Net debt | - 233.08 | -36.35 |
Profitability | ||
EBIT-% | ||
ROA | 26.7 % | -27.7 % |
ROE | 54.3 % | -60.2 % |
ROI | 71.1 % | -73.3 % |
Economic value added (EVA) | 48.10 | -32.03 |
Solvency | ||
Equity ratio | 37.5 % | 38.3 % |
Gearing | ||
Relative net indebtedness % | ||
Liquidity | ||
Quick ratio | 1.6 | 1.6 |
Current ratio | 1.6 | 1.6 |
Cash and cash equivalents | 233.08 | 36.35 |
Capital use efficiency | ||
Trade debtors turnover (days) | ||
Net working capital % | ||
Credit risk | ||
Credit rating | B | BB |
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