MMDN 2 ApS — Credit Rating and Financial Key Figures

CVR number: 39496712
Østre Kanalgade 20, 9000 Aalborg

Credit rating

Company information

Official name
MMDN 2 ApS
Established
2018
Company form
Private limited company
Industry

About MMDN 2 ApS

MMDN 2 ApS (CVR number: 39496712) is a company from AALBORG. The company recorded a gross profit of 30 kDKK in 2023. The operating profit was 30 kDKK, while net earnings were 25.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.1 %, which can be considered weak and Return on Equity (ROE) was 1.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 74.1 %, 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. MMDN 2 ApS's liquidity measured by quick ratio was 9.9 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit34.1529.1325.9533.2229.98
EBIT34.15301.6622.2233.2229.98
Net earnings45.76391.69189.78- 248.9625.88
Shareholders equity total1 554.621 946.312 136.091 887.141 913.02
Balance sheet total (assets)2 069.292 512.412 772.452 557.622 582.64
Net debt308.2958.71- 101.07264.88266.75
Profitability
EBIT-%
ROA3.4 %22.0 %9.4 %-11.5 %2.1 %
ROE3.0 %22.4 %9.3 %-12.4 %1.4 %
ROI3.5 %22.6 %9.7 %-12.3 %2.2 %
Economic value added (EVA)-19.11141.68-83.43-76.22-83.57
Solvency
Equity ratio75.1 %77.5 %77.0 %73.8 %74.1 %
Gearing27.7 %21.8 %19.8 %23.9 %23.7 %
Relative net indebtedness %
Liquidity
Quick ratio12.037.512.99.79.9
Current ratio18.445.212.99.79.9
Cash and cash equivalents122.71365.16524.75186.09186.09
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAABBBBBB

Variable visualization

ROA:2.11%
Rating: 31/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:74.1%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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