MAST ENGINEERING ApS — Credit Rating and Financial Key Figures

CVR number: 34489548
Østerbyvej 17, 6731 Tjæreborg
jm@mast-engineering.dk
tel: 22677749
www.mast-engineering.dk

Credit rating

Company information

Official name
MAST ENGINEERING ApS
Personnel
1 person
Established
2012
Company form
Private limited company
Industry

About MAST ENGINEERING ApS

MAST ENGINEERING ApS (CVR number: 34489548) is a company from ESBJERG. The company reported a net sales of 0.7 mDKK in 2023, demonstrating a growth of 5.6 % compared to the previous year. The operating profit percentage was at 11.3 % (EBIT: 0.1 mDKK), while net earnings were 59 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.6 %, which can be considered good and Return on Equity (ROE) was 11.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 61.1 %, 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. MAST ENGINEERING ApS's liquidity measured by quick ratio was 4 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales634.68670.50
Gross profit1 647.741 626.41506.74471.99
EBIT314.81390.60316.29- 170.6475.52
Net earnings254.12322.53236.27- 213.4759.04
Shareholders equity total457.51669.44792.71465.20524.50
Balance sheet total (assets)883.431 240.461 233.77744.95858.58
Net debt- 460.40- 649.05- 982.07- 545.36- 715.15
Profitability
EBIT-%-26.9 %11.3 %
ROA36.1 %39.3 %25.9 %-15.9 %10.6 %
ROE66.1 %57.2 %32.3 %-33.9 %11.9 %
ROI58.9 %69.2 %40.1 %-22.9 %17.2 %
Economic value added (EVA)225.98305.98245.99- 124.7763.24
Solvency
Equity ratio51.8 %54.0 %64.3 %62.4 %61.1 %
Gearing3.6 %3.1 %
Relative net indebtedness %-60.3 %-74.3 %
Liquidity
Quick ratio2.31.83.33.94.0
Current ratio2.31.83.33.94.0
Cash and cash equivalents477.05669.99982.07545.36715.15
Capital use efficiency
Trade debtors turnover (days)51.9
Net working capital %0.1 %33.8 %
Credit risk
Credit ratingBBBBBBABBBBB

Variable visualization

ROA:10.6%
Rating: 59/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:61.1%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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