MM Handel ApS

CVR number: 36934468
Enggården 8, Handest 8990 Fårup
mmhandelaps@gmail.com

Credit rating

Company information

Official name
MM Handel ApS
Personnel
1 person
Established
2015
Domicile
Handest
Company form
Private limited company
Industry
  • Expand more icon45Wholesale and retail trade and repair of motor vehicles and motorcycles

About MM Handel ApS

MM Handel ApS (CVR number: 36934468) is a company from MARIAGERFJORD. The company recorded a gross profit of 500.8 kDKK in 2023. The operating profit was 117.8 kDKK, while net earnings were 89.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.9 %, which can be considered good but Return on Equity (ROE) was 24.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 45.8 %, 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. MM Handel ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit101.31417.10678.54331.31500.80
EBIT101.31287.29199.68-79.69117.80
Net earnings80.43224.09145.94-68.8689.70
Shareholders equity total113.83287.91384.00315.13404.83
Balance sheet total (assets)481.01671.821 349.881 098.77884.12
Net debt-44.1971.053.0038.40150.00
Profitability
EBIT-%
ROA39.3 %49.8 %19.8 %-6.5 %11.9 %
ROE109.3 %111.6 %43.4 %-19.7 %24.9 %
ROI140.1 %114.5 %46.3 %-17.7 %24.0 %
Economic value added (EVA)77.78219.75142.74-77.0879.65
Solvency
Equity ratio23.7 %42.9 %28.4 %28.7 %45.8 %
Gearing34.7 %23.4 %34.9 %37.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.20.10.20.1
Current ratio1.31.71.31.31.7
Cash and cash equivalents44.1928.9587.0071.60
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:11.9%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:45.8%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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