M2 service ApS — Credit Rating and Financial Key Figures

CVR number: 37602663
Stationsvej 67, 8700 Horsens
m2servise@gmail.com
tel: 50196401

Company information

Official name
M2 service ApS
Personnel
1 person
Established
2016
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
2017
2018
2019
2020
Volume
Net sales769.544 200.56
Gross profit79.4297.16512.351 108.30655.38
EBIT79.0169.6391.47-19.43-1 423.82
Net earnings61.6250.6870.45-34.27-1 133.71
Shareholders equity total64.12114.80116.7782.49-1 051.21
Balance sheet total (assets)99.88249.40480.611 402.011 843.09
Net debt-43.13-79.49-46.62- 594.42- 117.52
Profitability
EBIT-%10.3 %2.2 %
ROA79.1 %39.9 %25.1 %-2.1 %-66.3 %
ROE96.1 %56.7 %60.8 %-34.4 %-117.8 %
ROI123.2 %77.8 %61.0 %-11.3 %-1613.3 %
Economic value added (EVA)61.6350.6770.91-11.57-1 088.00
Solvency
Equity ratio64.2 %46.0 %24.3 %5.9 %-36.3 %
Gearing58.9 %82.5 %-1.6 %
Relative net indebtedness %-1.0 %5.9 %
Liquidity
Quick ratio5.42.51.41.00.6
Current ratio5.42.51.41.00.6
Cash and cash equivalents43.1379.49115.38662.51134.82
Capital use efficiency
Trade debtors turnover (days)7.628.7
Net working capital %10.6 %3.1 %
Credit risk
Credit ratingBBBBBBBC

Variable visualization

ROA:-66.3%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-36.3%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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