MAESTRO BUSINESS A/S
Credit rating
Company information
About MAESTRO BUSINESS A/S
MAESTRO BUSINESS A/S (CVR number: 29807949) is a company from AARHUS. The company recorded a gross profit of 242.1 kDKK in 2022. The operating profit was -181.9 kDKK, while net earnings were -142.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -12.5 %, which can be considered poor and Return on Equity (ROE) was -10.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 85.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MAESTRO BUSINESS A/S's liquidity measured by quick ratio was 6.9 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 709.44 | 626.57 | 79.23 | 392.12 | 242.09 |
EBIT | 301.45 | 191.10 | - 256.82 | 29.98 | - 181.93 |
Net earnings | 234.22 | 147.95 | - 200.59 | 22.60 | - 142.55 |
Shareholders equity total | 1 421.43 | 1 569.39 | 1 368.80 | 1 391.40 | 1 248.85 |
Balance sheet total (assets) | 1 648.13 | 1 774.34 | 1 459.81 | 1 458.43 | 1 453.81 |
Net debt | - 828.35 | -1 217.51 | -1 269.82 | - 419.18 | -1 013.66 |
Profitability | |||||
EBIT-% | |||||
ROA | 19.1 % | 11.2 % | -15.9 % | 2.1 % | -12.5 % |
ROE | 18.0 % | 9.9 % | -13.7 % | 1.6 % | -10.8 % |
ROI | 22.5 % | 12.5 % | -17.3 % | 2.2 % | -13.5 % |
Economic value added (EVA) | 206.89 | 121.51 | - 216.90 | 19.07 | - 190.32 |
Solvency | |||||
Equity ratio | 86.2 % | 88.4 % | 93.8 % | 95.4 % | 85.9 % |
Gearing | 3.4 % | 1.4 % | 1.0 % | 0.8 % | 3.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 7.3 | 8.7 | 16.0 | 21.8 | 6.9 |
Current ratio | 7.3 | 8.7 | 16.0 | 21.8 | 6.9 |
Cash and cash equivalents | 876.98 | 1 239.42 | 1 282.89 | 429.93 | 1 062.77 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | B | B | BB |
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