MNB1708 ApS — Credit Rating and Financial Key Figures

CVR number: 37229725
Ringparken 1, 5600 Faaborg
drp@mnb1708.dk
tel: 20921637

Credit rating

Company information

Official name
MNB1708 ApS
Personnel
1 person
Established
2015
Company form
Private limited company
Industry
  • Expand more icon56Food and beverage service activities

About MNB1708 ApS

MNB1708 ApS (CVR number: 37229725) is a company from FAABORG-MIDTFYN. The company reported a net sales of 0.6 mDKK in 2021, demonstrating a decline of -78.9 % compared to the previous year. The operating profit percentage was at 50.3 % (EBIT: 0.3 mDKK), while net earnings were 219.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 56.1 %, which can be considered excellent and Return on Equity (ROE) was 66.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 38.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. MNB1708 ApS'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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2017
2018
2019
2020
2021
Volume
Net sales630.561 372.922 850.632 665.81561.53
Gross profit74.86204.47- 448.67760.75548.97
EBIT20.1210.60- 891.73105.09282.35
Net earnings15.698.27- 893.6381.56219.74
Shareholders equity total69.6677.93- 815.69-21.33198.41
Balance sheet total (assets)752.731 240.071 580.62466.72518.96
Net debt-95.02-64.86-95.76-44.33-90.52
Profitability
EBIT-%3.2 %0.8 %-31.3 %3.9 %50.3 %
ROA2.7 %1.1 %-49.0 %7.3 %56.1 %
ROE25.4 %11.2 %-107.8 %8.0 %66.1 %
ROI32.5 %14.4 %-724.3 %124.9 %284.6 %
Economic value added (EVA)12.989.54- 892.39136.23223.53
Solvency
Equity ratio9.3 %6.3 %-34.0 %-4.4 %38.2 %
Gearing-20.6 %
Relative net indebtedness %93.3 %79.9 %74.8 %16.6 %41.0 %
Liquidity
Quick ratio0.30.10.10.10.9
Current ratio1.11.10.60.81.6
Cash and cash equivalents95.0264.86264.0544.3390.52
Capital use efficiency
Trade debtors turnover (days)79.4125.4
Net working capital %11.0 %5.7 %-32.3 %-4.4 %31.7 %
Credit risk
Credit ratingBBBBBBB

Variable visualization

ROA:56.1%
Rating: 98/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:38.2%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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