MM2 ApS — Credit Rating and Financial Key Figures

CVR number: 41209151
Vandtårnsvej 77, 2860 Søborg

Credit rating

Company information

Official name
MM2 ApS
Personnel
8 persons
Established
2020
Company form
Private limited company
Industry

About MM2 ApS

MM2 ApS (CVR number: 41209151) is a company from GLADSAXE. The company recorded a gross profit of 4541.7 kDKK in 2023. The operating profit was 421.7 kDKK, while net earnings were 267.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.4 %, which can be considered excellent and Return on Equity (ROE) was 27.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 41.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. MM2 ApS's liquidity measured by quick ratio was 1.7 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
Volume
Net sales
Gross profit680.451 945.433 908.994 541.71
EBIT- 391.24435.621 196.02421.72
Net earnings- 412.06354.76853.55267.62
Shareholders equity total- 372.06-17.30836.251 103.87
Balance sheet total (assets)386.97698.842 185.492 666.53
Net debt-17.43- 413.40- 299.13- 759.78
Profitability
EBIT-%
ROA-51.5 %59.1 %82.6 %17.4 %
ROE-106.5 %65.3 %111.2 %27.6 %
ROI-1176.6 %2387.9 %285.0 %43.5 %
Economic value added (EVA)- 391.24421.60899.56260.34
Solvency
Equity ratio-49.0 %-2.4 %38.3 %41.4 %
Gearing-8.9 %-19.0 %0.2 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.51.01.61.7
Current ratio0.51.01.61.7
Cash and cash equivalents50.63416.69300.86761.43
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:17.4%
Rating: 70/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:41.4%
Rating: 34/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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