MJ Batteritog A/S — Credit Rating and Financial Key Figures

CVR number: 41219106
Banegårdsvej 2, 7620 Lemvig

Credit rating

Company information

Official name
MJ Batteritog A/S
Established
2020
Company form
Limited company
Industry

About MJ Batteritog A/S

MJ Batteritog A/S (CVR number: 41219106) is a company from LEMVIG. The company recorded a gross profit of -281.9 kDKK in 2024. The operating profit was -281.9 kDKK, while net earnings were 105.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.1 %, which can be considered weak but Return on Equity (ROE) was 7.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 0.5 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. MJ Batteritog A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit23.5955.29421.09847.69- 281.90
EBIT23.5955.29421.09847.69- 281.90
Net earnings17.7219.99211.64662.45105.66
Shareholders equity total517.72537.71749.351 411.791 517.45
Balance sheet total (assets)17 131.6412 246.2746 980.67162 070.48288 559.57
Net debt16 247.086 637.4045 549.1545 379.908 937.00
Profitability
EBIT-%
ROA0.1 %0.4 %1.4 %0.8 %0.1 %
ROE3.4 %3.8 %32.9 %61.3 %7.2 %
ROI0.1 %0.4 %1.5 %1.8 %0.3 %
Economic value added (EVA)23.59- 805.57- 281.21-1 696.72-2 590.97
Solvency
Equity ratio3.0 %4.4 %1.6 %0.9 %0.5 %
Gearing3209.1 %2101.8 %6155.1 %3230.4 %2596.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.40.10.20.7
Current ratio0.60.40.10.20.7
Cash and cash equivalents366.844 664.32573.97227.4330 466.31
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBBBB

Variable visualization

ROA:0.06%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:0.53%
Rating: 1/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member
Chief executive officer
Board member

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