MAST ENGINEERING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 634.68 | 670.50 | |||
Gross profit | 1 626.41 | 506.74 | 471.99 | 50.41 | |
EBIT | 390.60 | 316.29 | - 170.64 | 75.52 | -16.98 |
Net earnings | 322.53 | 236.27 | - 213.47 | 59.04 | 51.95 |
Shareholders equity total | 669.44 | 792.71 | 465.20 | 524.50 | 458.92 |
Balance sheet total (assets) | 1 240.46 | 1 233.77 | 744.95 | 858.58 | 667.88 |
Net debt | - 649.05 | - 982.07 | - 545.36 | - 715.15 | - 612.37 |
Profitability | |||||
EBIT-% | -26.9 % | 11.3 % | |||
ROA | 39.3 % | 25.9 % | -15.9 % | 10.6 % | 8.9 % |
ROE | 57.2 % | 32.3 % | -33.9 % | 11.9 % | 10.6 % |
ROI | 69.2 % | 40.1 % | -22.9 % | 17.2 % | 13.8 % |
Economic value added (EVA) | 281.17 | 211.27 | - 174.16 | 35.81 | -39.73 |
Solvency | |||||
Equity ratio | 54.0 % | 64.3 % | 62.4 % | 61.1 % | 68.7 % |
Gearing | 3.1 % | ||||
Relative net indebtedness % | -60.3 % | -74.3 % | |||
Liquidity | |||||
Quick ratio | 1.8 | 3.3 | 3.9 | 4.0 | 7.2 |
Current ratio | 1.8 | 3.3 | 3.9 | 4.0 | 7.2 |
Cash and cash equivalents | 669.99 | 982.07 | 545.36 | 715.15 | 612.37 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 51.9 | ||||
Net working capital % | 0.1 % | 33.8 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BB | BBB | BB |
Variable visualization
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