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Analyst: XBRLDenmark
 
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Bankruptcy Risk 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Bankruptcy risk for industry  1.5% 1.5% 1.5% 1.5% 1.5%  
Bankruptcy risk  0.7% 0.8% 1.0% 0.9% 0.9%  
Credit score (0-100)  95 93 86 89 86  
Credit rating  AA AA A A A  
Credit limit (kDKK)  539.2 573.6 256.0 398.1 256.6  

How are these values calculated?
 
View the automatically generated explanation of bankruptcy risk

Income statement (kDKK) 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Net sales  0 0 0 0 0  
Gross profit  3,084 3,670 3,652 4,314 3,570  
EBITDA  1,192 1,589 1,590 2,033 1,139  
EBIT  808 1,163 1,066 1,916 1,007  
Pre-tax profit (PTP)  883.8 1,233.3 1,062.8 1,929.3 1,048.9  
Net earnings  686.8 959.6 826.8 1,502.4 817.0  
Pre-tax profit without non-rec. items  884 1,233 1,063 1,929 1,049  

 
See the entire income statement

Balance sheet (kDKK) 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Tangible assets total  255 826 688 428 918  
Shareholders equity total  3,752 4,011 2,438 2,940 2,257  
Interest-bearing liabilities  953 3.0 3.1 73.8 895  
Balance sheet total (assets)  6,843 6,551 4,278 4,884 5,045  

Net Debt  -1,521 -2,497 -1,464 -2,141 -80.8  
 
See the entire balance sheet

Volume 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Net sales  0 0 0 0 0  
Net sales growth  0.0% 0.0% 0.0% 0.0% 0.0%  
Gross profit  3,084 3,670 3,652 4,314 3,570  
Gross profit growth  -25.2% 19.0% -0.5% 18.1% -17.2%  
Employees  4 4 4 4 4  
Employee growth %  -20.0% 0.0% 0.0% 0.0% 0.0%  
Employee expenses  0.0 0.0 0.0 0.0 0.0  
Balance sheet total (assets)  6,843 6,551 4,278 4,884 5,045  
Balance sheet change%  0.3% -4.3% -34.7% 14.2% 3.3%  
Added value  1,192.0 1,589.1 1,589.6 2,440.0 1,139.0  
Added value %  0.0% 0.0% 0.0% 0.0% 0.0%  
Investments  -752 -154 -963 -377 358  

Net sales trend  0.0 0.0 0.0 0.0 0.0  
EBIT trend  3.0 4.0 5.0 5.0 5.0  

Profitability 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
EBITDA %  0.0% 0.0% 0.0% 0.0% 0.0%  
EBIT %  0.0% 0.0% 0.0% 0.0% 0.0%  
EBIT to gross profit (%)  26.2% 31.7% 29.2% 44.4% 28.2%  
Net Earnings %  0.0% 0.0% 0.0% 0.0% 0.0%  
Profit before depreciation and extraordinary items %  0.0% 0.0% 0.0% 0.0% 0.0%  
Pre tax profit less extraordinaries %  0.0% 0.0% 0.0% 0.0% 0.0%  
ROA %  13.2% 19.4% 20.4% 42.6% 22.4%  
ROI %  18.6% 27.6% 29.7% 66.0% 35.6%  
ROE %  16.5% 24.7% 25.6% 55.9% 31.4%  

Solidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Equity ratio %  55.9% 61.7% 57.6% 60.2% 44.7%  
Relative indebtedness %  0.0% 0.0% 0.0% 0.0% 0.0%  
Relative net indebtedness %  0.0% 0.0% 0.0% 0.0% 0.0%  
Net int. bear. debt to EBITDA, %  -127.6% -157.1% -92.1% -105.3% -7.1%  
Gearing %  25.4% 0.1% 0.1% 2.5% 39.6%  
Net interest  0 0 0 0 0  
Financing costs %  3.6% 13.9% 1,351.8% 58.3% 12.6%  

Liquidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Quick Ratio  2.1 2.8 2.6 2.3 1.5  
Current Ratio  2.0 2.7 2.5 2.3 1.5  
Cash and cash equivalent  2,474.3 2,499.8 1,467.2 2,214.3 975.5  

Capital use efficiency 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Trade debtors turnover (days)  0.0 0.0 0.0 0.0 0.0  
Trade creditors turnover (days)  0.0 0.0 0.0 0.0 0.0  
Current assets / Net sales %  0.0% 0.0% 0.0% 0.0% 0.0%  
Net working capital  3,042.2 3,402.0 2,165.7 2,506.3 1,310.9  
Net working capital %  0.0% 0.0% 0.0% 0.0% 0.0%  

Employee efficiency 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Net sales / employee  0 0 0 0 0  
Added value / employee  298 397 397 610 285  
Employee expenses / employee  0 0 0 0 0  
EBITDA / employee  298 397 397 508 285  
EBIT / employee  202 291 266 479 252  
Net earnings / employee  172 240 207 376 204