MJØ 2020 Holding ApS — Credit Rating and Financial Key Figures

CVR number: 41025883
Skovtoften 10, 6900 Skjern

Credit rating

Company information

Official name
MJØ 2020 Holding ApS
Established
2019
Company form
Private limited company
Industry

About MJØ 2020 Holding ApS

MJØ 2020 Holding ApS (CVR number: 41025883) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of -2.6 kDKK in 2024. The operating profit was -2.6 kDKK, while net earnings were 57.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.3 %, which can be considered weak and Return on Equity (ROE) was 3.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 94.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MJØ 2020 Holding ApS's liquidity measured by quick ratio was 5.9 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-5.62-2.53-2.36-2.36-2.63
EBIT-5.62-2.53-2.36-2.36-2.63
Net earnings284.96449.88733.89289.9557.33
Shareholders equity total324.96661.831 395.721 685.671 743.00
Balance sheet total (assets)334.96757.431 493.201 785.071 844.36
Net debt-4.352.147.01- 489.70- 502.70
Profitability
EBIT-%
ROA85.1 %82.8 %65.4 %17.8 %3.3 %
ROE87.7 %91.2 %71.3 %18.8 %3.3 %
ROI87.7 %83.6 %65.5 %17.8 %3.3 %
Economic value added (EVA)-5.626.1133.8671.0860.52
Solvency
Equity ratio97.0 %87.4 %93.5 %94.4 %94.5 %
Gearing14.3 %6.9 %5.8 %5.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.41.00.95.95.9
Current ratio0.41.00.95.95.9
Cash and cash equivalents4.3592.2089.21587.84602.81
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBABBB

Variable visualization

ROA:3.27%
Rating: 36/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:94.5%
Rating: 75/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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