M DEVELOPMENT A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About M DEVELOPMENT A/S
M DEVELOPMENT A/S (CVR number: 27734901) is a company from ESBJERG. The company recorded a gross profit of -35.2 kDKK in 2023. The operating profit was -35.2 kDKK, while net earnings were -16.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.5 %, which can be considered poor and Return on Equity (ROE) was -4.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 98.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. M DEVELOPMENT A/S's liquidity measured by quick ratio was 56.4 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -92.94 | -63.92 | -54.41 | -74.28 | -35.16 |
EBIT | -92.94 | -63.92 | -54.41 | -74.28 | -35.16 |
Net earnings | - 134.25 | -79.51 | -72.69 | - 106.62 | -16.36 |
Shareholders equity total | -6 620.69 | -6 700.19 | -6 772.89 | 393.38 | 377.02 |
Balance sheet total (assets) | 10.59 | 24.85 | 28.01 | 403.38 | 383.82 |
Net debt | 6 590.26 | 6 715.05 | 6 790.90 | ||
Profitability | |||||
EBIT-% | |||||
ROA | -1.4 % | -1.0 % | -0.8 % | -2.1 % | -6.5 % |
ROE | -175.8 % | -448.7 % | -275.0 % | -50.6 % | -4.2 % |
ROI | -1.4 % | -1.0 % | -0.8 % | -2.1 % | -6.6 % |
Economic value added (EVA) | 233.00 | 283.24 | 294.25 | 270.27 | -42.42 |
Solvency | |||||
Equity ratio | -99.8 % | -99.6 % | -99.6 % | 97.5 % | 98.2 % |
Gearing | -99.5 % | -100.2 % | -100.3 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.0 | 0.0 | 0.0 | 40.3 | 56.4 |
Current ratio | 0.0 | 0.0 | 0.0 | 40.3 | 56.4 |
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | C | B |
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