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MX Life A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About MX Life A/S
MX Life A/S (CVR number: 31300444) is a company from HORSENS. The company recorded a gross profit of -1058.2 kDKK in 2024. The operating profit was -1192.4 kDKK, while net earnings were -1248.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -67.1 %, which can be considered poor and Return on Equity (ROE) was -109.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 90.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MX Life A/S's liquidity measured by quick ratio was 2.1 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 56.68 | 90.53 | 159.32 | - 455.02 | -1 058.18 |
| EBIT | -1 443.27 | 90.51 | 49.69 | -1 010.88 | -1 192.38 |
| Net earnings | -1 443.62 | 89.98 | 106.31 | -1 010.84 | -1 248.71 |
| Shareholders equity total | 1 625.62 | 1 715.59 | 1 821.90 | 811.06 | 1 462.35 |
| Balance sheet total (assets) | 1 724.90 | 2 109.62 | 2 006.97 | 1 916.30 | 1 635.18 |
| Net debt | 65.95 | -87.73 | -33.44 | 940.59 | -48.24 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -73.1 % | 4.7 % | 5.3 % | -51.5 % | -67.1 % |
| ROE | -107.1 % | 5.4 % | 6.0 % | -76.8 % | -109.9 % |
| ROI | -74.0 % | 5.3 % | 6.1 % | -55.3 % | -72.4 % |
| Economic value added (EVA) | -1 553.69 | 5.93 | -36.52 | -1 098.19 | -1 284.35 |
| Solvency | |||||
| Equity ratio | 94.2 % | 81.3 % | 90.8 % | 42.3 % | 90.7 % |
| Gearing | 4.9 % | 125.7 % | |||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 2.3 | 5.4 | 6.8 | 0.1 | 2.1 |
| Current ratio | 2.3 | 5.4 | 10.8 | 1.5 | 8.1 |
| Cash and cash equivalents | 13.23 | 87.73 | 33.44 | 78.74 | 48.24 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BB | BB | BB | BB |
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