MM LIVING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MM LIVING ApS
MM LIVING ApS (CVR number: 29185956) is a company from DRAGØR. The company recorded a gross profit of 679 kDKK in 2021. The operating profit was -711.3 kDKK, while net earnings were -591.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -34.6 %, which can be considered poor and Return on Equity (ROE) was -36.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -31.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. MM LIVING 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 financials2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 4 753.68 | ||||
Gross profit | 2 265.93 | 1 397.52 | 1 757.61 | 2 829.25 | 679.01 |
EBIT | -76.68 | - 802.23 | 134.13 | 1 318.86 | - 711.28 |
Net earnings | - 152.58 | - 758.46 | 2.25 | 1 057.44 | - 591.78 |
Shareholders equity total | - 359.42 | -1 117.88 | -1 115.63 | -58.19 | - 649.98 |
Balance sheet total (assets) | 5 688.75 | 3 985.12 | 2 332.42 | 1 869.74 | 1 385.86 |
Net debt | 1 428.13 | 2 627.16 | 1 087.46 | -1 026.33 | - 156.06 |
Profitability | |||||
EBIT-% | -1.6 % | ||||
ROA | -1.4 % | -14.4 % | 3.1 % | 49.2 % | -34.6 % |
ROE | -3.0 % | -15.7 % | 0.1 % | 50.3 % | -36.4 % |
ROI | -2.5 % | -28.0 % | 6.6 % | 204.1 % | |
Economic value added (EVA) | - 190.75 | - 719.58 | 22.31 | 1 099.21 | - 552.31 |
Solvency | |||||
Equity ratio | -5.9 % | -21.9 % | -32.4 % | -3.0 % | -31.9 % |
Gearing | -823.7 % | -248.6 % | -116.2 % | ||
Relative net indebtedness % | 95.0 % | ||||
Liquidity | |||||
Quick ratio | 0.6 | 0.2 | 0.3 | 0.9 | 0.6 |
Current ratio | 0.6 | 0.2 | 0.3 | 0.9 | 0.6 |
Cash and cash equivalents | 1 532.45 | 151.99 | 209.37 | 1 026.33 | 156.06 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -30.7 % | ||||
Credit risk | |||||
Credit rating | BBB | BB | BB | BBB | C |
Variable visualization
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