MPP Finans A/S — Credit Rating and Financial Key Figures

CVR number: 33747527
Rosenkrantzvej 2, 8700 Horsens
info@mplus.dk
tel: 75601030

Company information

Official name
MPP Finans A/S
Established
2011
Company form
Limited company
Industry

About MPP Finans A/S

MPP Finans A/S (CVR number: 33747527) is a company from HORSENS. The company recorded a gross profit of -303.2 kDKK in 2023. The operating profit was -303.2 kDKK, while net earnings were -345.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -17.8 %, which can be considered poor and Return on Equity (ROE) was -63.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 17 %, 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. MPP Finans A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-3 196.74-2 892.83- 467.80- 364.56- 303.21
EBIT-3 196.74-2 892.83- 467.80- 364.56- 303.21
Net earnings20 191.2415 745.25-2 211.20- 229.69- 345.69
Shareholders equity total20 911.8736 657.1234 445.92716.23370.54
Balance sheet total (assets)135 595.8892 612.4837 445.602 361.662 180.80
Net debt109 983.7753 817.61-19 565.6237.0911.71
Profitability
EBIT-%
ROA16.4 %16.2 %-3.1 %-1.3 %-17.8 %
ROE65.5 %54.7 %-6.2 %-1.3 %-63.6 %
ROI16.8 %16.6 %-3.2 %-1.5 %-69.6 %
Economic value added (EVA)-7 744.37-9 995.55-4 914.92-1 991.15- 259.96
Solvency
Equity ratio15.4 %39.6 %92.0 %30.3 %17.0 %
Gearing529.2 %146.8 %0.2 %6.5 %8.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.812.21.00.9
Current ratio0.10.812.21.00.9
Cash and cash equivalents674.4819 635.679.7118.55
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:-17.8%
Rating: 2/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:17.0%
Rating: 16/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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