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MMQJ DEVELOP ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MMQJ DEVELOP ApS
MMQJ DEVELOP ApS (CVR number: 42989622) is a company from MIDDELFART. The company recorded a gross profit of -23.8 kDKK in 2024. The operating profit was -23.8 kDKK, while net earnings were 492.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22.1 %, which can be considered excellent and Return on Equity (ROE) was 28.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 62.8 %, 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. MMQJ DEVELOP ApS's liquidity measured by quick ratio was 32.6 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 financials2022 | 2023 | 2024 | |
|---|---|---|---|
| Volume | |||
| Net sales | |||
| Gross profit | -13.42 | -18.24 | -23.78 |
| EBIT | -13.42 | -18.24 | -23.78 |
| Net earnings | 3 314.30 | - 752.97 | 492.64 |
| Shareholders equity total | 3 354.30 | 2 092.13 | 1 384.76 |
| Balance sheet total (assets) | 3 402.83 | 2 214.91 | 2 206.35 |
| Net debt | - 765.38 | -32.17 | 0.80 |
| Profitability | |||
| EBIT-% | |||
| ROA | 97.7 % | -26.7 % | 22.1 % |
| ROE | 98.8 % | -27.7 % | 28.3 % |
| ROI | 98.0 % | -27.3 % | 28.0 % |
| Economic value added (EVA) | -8.40 | - 183.39 | - 123.24 |
| Solvency | |||
| Equity ratio | 98.6 % | 94.5 % | 62.8 % |
| Gearing | 1.1 % | 0.4 % | 0.3 % |
| Relative net indebtedness % | |||
| Liquidity | |||
| Quick ratio | 65.0 | 16.0 | 32.6 |
| Current ratio | 65.0 | 16.0 | 32.6 |
| Cash and cash equivalents | 802.83 | 39.73 | 3.40 |
| Capital use efficiency | |||
| Trade debtors turnover (days) | |||
| Net working capital % | |||
| Credit risk | |||
| Credit rating | BBB | BBB | BBB |
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