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
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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 recorded a gross profit of 50.4 kDKK in 2024, demonstrating a decline of -89.3 % compared to the previous year. The operating profit was -17 kDKK, while net earnings were 52 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.9 %, which can be considered good and Return on Equity (ROE) was 10.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 68.7 %, 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 7.2 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
2020
2021
2022
2023
2024
Volume
Net sales634.68670.50
Gross profit1 626.41506.74471.9950.41
EBIT390.60316.29- 170.6475.52-16.98
Net earnings322.53236.27- 213.4759.0451.95
Shareholders equity total669.44792.71465.20524.50458.92
Balance sheet total (assets)1 240.461 233.77744.95858.58667.88
Net debt- 649.05- 982.07- 545.36- 715.15- 612.37
Profitability
EBIT-%-26.9 %11.3 %
ROA39.3 %25.9 %-15.9 %10.6 %8.9 %
ROE57.2 %32.3 %-33.9 %11.9 %10.6 %
ROI69.2 %40.1 %-22.9 %17.2 %13.8 %
Economic value added (EVA)281.17211.27- 174.1635.81-39.73
Solvency
Equity ratio54.0 %64.3 %62.4 %61.1 %68.7 %
Gearing3.1 %
Relative net indebtedness %-60.3 %-74.3 %
Liquidity
Quick ratio1.83.33.94.07.2
Current ratio1.83.33.94.07.2
Cash and cash equivalents669.99982.07545.36715.15612.37
Capital use efficiency
Trade debtors turnover (days)51.9
Net working capital %0.1 %33.8 %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:8.92%
Rating: 54/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:68.7%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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