Massiv ApS

CVR number: 39755025
Frederiksværkvej 144, Ramløse 3200 Helsinge
KONTAKT@massivbordplade.dk
tel: 60596301
www.massivbordplade.dk

Credit rating

Company information

Official name
Massiv ApS
Personnel
3 persons
Established
2018
Domicile
Ramløse
Company form
Private limited company
Industry
  • Expand more icon31Manufacture of furniture

About Massiv ApS

Massiv ApS (CVR number: 39755025) is a company from GRIBSKOV. The company recorded a gross profit of 944.7 kDKK in 2023. The operating profit was 233.7 kDKK, while net earnings were 68.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.8 %, which can be considered excellent and Return on Equity (ROE) was 30.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 18.8 %, 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. Massiv 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
20192020202120222023
Volume
Net sales
Gross profit842.00494.00836.001 111.22944.72
EBIT184.00- 171.0077.00207.91233.69
Net earnings140.00- 175.0056.00113.0468.33
Shareholders equity total141.00-34.0078.00190.84259.17
Balance sheet total (assets)461.00794.00987.001 101.581 379.73
Net debt-18.00- 154.00-92.0092.3772.51
Profitability
EBIT-%
ROA40.1 %-26.5 %8.5 %19.9 %18.8 %
ROE99.3 %-37.4 %12.8 %84.1 %30.4 %
ROI125.0 %-202.4 %72.6 %84.3 %71.9 %
Economic value added (EVA)142.48- 175.17119.96165.17128.21
Solvency
Equity ratio30.6 %-4.1 %7.9 %17.3 %18.8 %
Gearing-41.2 %144.9 %48.4 %28.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.20.50.70.30.3
Current ratio1.30.70.90.50.6
Cash and cash equivalents18.00168.00205.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBCBBBB

Variable visualization

ROA:18.8%
Rating: 72/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:18.8%
Rating: 18/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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