M2 service ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About M2 service ApS
M2 service ApS (CVR number: 37602663) is a company from HORSENS. The company recorded a gross profit of 655.4 kDKK in 2020. The operating profit was -1423.8 kDKK, while net earnings were -1133.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -66.3 %, which can be considered poor and Return on Equity (ROE) was -117.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -36.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. M2 service ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | 2019 | 2020 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 769.54 | 4 200.56 | |||
Gross profit | 79.42 | 97.16 | 512.35 | 1 108.30 | 655.38 |
EBIT | 79.01 | 69.63 | 91.47 | -19.43 | -1 423.82 |
Net earnings | 61.62 | 50.68 | 70.45 | -34.27 | -1 133.71 |
Shareholders equity total | 64.12 | 114.80 | 116.77 | 82.49 | -1 051.21 |
Balance sheet total (assets) | 99.88 | 249.40 | 480.61 | 1 402.01 | 1 843.09 |
Net debt | -43.13 | -79.49 | -46.62 | - 594.42 | - 117.52 |
Profitability | |||||
EBIT-% | 10.3 % | 2.2 % | |||
ROA | 79.1 % | 39.9 % | 25.1 % | -2.1 % | -66.3 % |
ROE | 96.1 % | 56.7 % | 60.8 % | -34.4 % | -117.8 % |
ROI | 123.2 % | 77.8 % | 61.0 % | -11.3 % | -1613.3 % |
Economic value added (EVA) | 61.63 | 50.67 | 70.91 | -11.57 | -1 088.00 |
Solvency | |||||
Equity ratio | 64.2 % | 46.0 % | 24.3 % | 5.9 % | -36.3 % |
Gearing | 58.9 % | 82.5 % | -1.6 % | ||
Relative net indebtedness % | -1.0 % | 5.9 % | |||
Liquidity | |||||
Quick ratio | 5.4 | 2.5 | 1.4 | 1.0 | 0.6 |
Current ratio | 5.4 | 2.5 | 1.4 | 1.0 | 0.6 |
Cash and cash equivalents | 43.13 | 79.49 | 115.38 | 662.51 | 134.82 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 7.6 | 28.7 | |||
Net working capital % | 10.6 % | 3.1 % | |||
Credit risk | |||||
Credit rating | BB | BB | B | BB | C |
Variable visualization
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