MAN Precision Forgings ApS — Credit Rating and Financial Key Figures

CVR number: 39194570
Midtager 26 A, 2605 Brøndby

Credit rating

Company information

Official name
MAN Precision Forgings ApS
Established
2017
Company form
Private limited company
Industry

About MAN Precision Forgings ApS

MAN Precision Forgings ApS (CVR number: 39194570) is a company from BRØNDBY. The company recorded a gross profit of -17.5 kDKK in 2023. The operating profit was -17.5 kDKK, while net earnings were 56.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.6 %, which can be considered excellent but Return on Equity (ROE) was 7.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 65.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. MAN Precision Forgings ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-10.00-17.50
EBIT-10.00-17.50
Net earnings72.3512.1432.06571.0056.74
Shareholders equity total76.2488.38120.44691.00748.45
Balance sheet total (assets)106.34118.48188.56955.001 143.88
Net debt-2.00-2.0068.111.00251.22
Profitability
EBIT-%
ROA103.1 %10.8 %20.9 %99.5 %15.6 %
ROE180.6 %14.8 %30.7 %140.7 %7.9 %
ROI131.3 %14.8 %23.2 %129.2 %8.5 %
Economic value added (EVA)0.105.345.95-0.8417.07
Solvency
Equity ratio71.7 %74.6 %63.9 %72.4 %65.4 %
Gearing56.6 %0.1 %33.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.6
Current ratio0.10.10.6
Cash and cash equivalents2.002.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:15.6%
Rating: 67/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:65.4%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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