Ø/M Service ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Ø/M Service ApS
Ø/M Service ApS (CVR number: 41910194) is a company from STRUER. The company recorded a gross profit of 66.2 kDKK in 2024. The operating profit was -49 kDKK, while net earnings were -40.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -12.3 %, which can be considered poor and Return on Equity (ROE) was -22.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 39.8 %, 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. Ø/M Service ApS's liquidity measured by quick ratio was 1.4 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Volume | ||||
| Net sales | ||||
| Gross profit | 379.78 | 94.38 | 152.00 | 66.23 |
| EBIT | 246.66 | 3.13 | -32.56 | -49.00 |
| Net earnings | 199.18 | -10.83 | -30.36 | -40.11 |
| Shareholders equity total | 239.18 | 228.35 | 197.99 | 157.88 |
| Balance sheet total (assets) | 356.50 | 447.20 | 398.71 | 396.36 |
| Net debt | 2.08 | -21.69 | -12.71 | -11.29 |
| Profitability | ||||
| EBIT-% | ||||
| ROA | 69.2 % | 0.8 % | -7.7 % | -12.3 % |
| ROE | 83.3 % | -4.6 % | -14.2 % | -22.5 % |
| ROI | 84.4 % | 1.2 % | -15.3 % | -27.5 % |
| Economic value added (EVA) | 203.07 | -8.61 | -36.51 | -47.13 |
| Solvency | ||||
| Equity ratio | 50.5 % | 51.1 % | 49.7 % | 39.8 % |
| Gearing | 22.1 % | |||
| Relative net indebtedness % | ||||
| Liquidity | ||||
| Quick ratio | 1.2 | 0.9 | 1.2 | 1.4 |
| Current ratio | 1.2 | 0.9 | 1.2 | 1.4 |
| Cash and cash equivalents | 50.85 | 21.69 | 12.71 | 11.29 |
| Capital use efficiency | ||||
| Trade debtors turnover (days) | ||||
| Net working capital % | ||||
| Credit risk | ||||
| Credit rating | B | BB | BB | BB |
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