MAIGÅRDSVEJ 8 ApS — Credit Rating and Financial Key Figures

CVR number: 26987210
Sct Knuds Alle 7, 9800 Hjørring
preben@grondahls.dk
tel: 40337640

Company information

Official name
MAIGÅRDSVEJ 8 ApS
Established
2004
Company form
Private limited company
Industry

About MAIGÅRDSVEJ 8 ApS

MAIGÅRDSVEJ 8 ApS (CVR number: 26987210) is a company from HJØRRING. The company recorded a gross profit of 718.7 kDKK in 2023. The operating profit was 718.7 kDKK, while net earnings were 714.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.2 %, which can be considered good but Return on Equity (ROE) was 17.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 8.8 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. MAIGÅRDSVEJ 8 ApS's liquidity measured by quick ratio was 0.3 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 profit263.89248.44-14.19-60.75718.68
EBIT213.89248.44-14.19-60.75718.68
Net earnings22.92-59.99-20.47- 190.72714.66
Shareholders equity total115.7955.8135.34- 155.38559.27
Balance sheet total (assets)7 827.627 709.087 591.427 573.206 339.91
Net debt7 302.117 343.616 638.446 709.224 320.59
Profitability
EBIT-%
ROA2.6 %5.9 %1.9 %-0.8 %11.2 %
ROE22.0 %-69.9 %-44.9 %-5.0 %17.6 %
ROI2.7 %1.2 %1.8 %-0.9 %12.7 %
Economic value added (EVA)49.1397.08-89.33-61.54726.49
Solvency
Equity ratio1.5 %0.7 %0.5 %-2.0 %8.8 %
Gearing6425.3 %13447.2 %18840.5 %-4317.8 %906.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.20.10.10.3
Current ratio0.30.20.10.10.3
Cash and cash equivalents138.04161.1419.61746.81
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBBA

Variable visualization

ROA:11.2%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:8.82%
Rating: 9/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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