MATH Holding ApS — Credit Rating and Financial Key Figures

CVR number: 31473721
Enebærvej 32, 9440 Aabybro

Company information

Official name
MATH Holding ApS
Personnel
1 person
Established
2008
Company form
Private limited company
Industry

About MATH Holding ApS

MATH Holding ApS (CVR number: 31473721) is a company from JAMMERBUGT. The company reported a net sales of 1.8 mDKK in 2024, demonstrating a growth of 58.7 % compared to the previous year. The operating profit percentage was at 90.9 % (EBIT: 1.6 mDKK), while net earnings were 2407.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.6 %, 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 99.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MATH Holding ApS's liquidity measured by quick ratio was 48.4 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales5 708.515 544.79-1 496.231 141.581 812.14
Gross profit5 676.235 500.31-1 555.371 059.571 746.58
EBIT5 676.235 500.31-1 555.37959.571 646.58
Net earnings5 651.805 486.98-1 574.791 274.552 407.58
Shareholders equity total15 798.5221 285.5018 710.7019 485.2521 142.84
Balance sheet total (assets)17 890.2121 908.4020 570.7619 594.2221 336.02
Net debt2 087.19615.241 855.56-7 584.15-6 888.94
Profitability
EBIT-%99.4 %99.2 %84.1 %90.9 %
ROA39.7 %27.7 %-7.3 %6.9 %12.6 %
ROE43.6 %29.6 %-7.9 %6.7 %11.9 %
ROI39.7 %27.8 %-7.3 %7.0 %12.7 %
Economic value added (EVA)5 131.784 601.55-2 655.93-58.18557.69
Solvency
Equity ratio88.3 %97.2 %91.0 %99.4 %99.1 %
Gearing13.2 %2.9 %9.9 %0.2 %0.2 %
Relative net indebtedness %36.6 %11.2 %-124.3 %-658.8 %-371.6 %
Liquidity
Quick ratio0.70.08.782.048.4
Current ratio0.70.08.782.048.4
Cash and cash equivalents1.017 629.246 926.64
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-9.7 %-11.0 %-963.2 %300.3 %161.4 %
Credit risk
Credit ratingAAABBBAAAA

Variable visualization

ROA:12.6%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.1%
Rating: 86/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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