MACARTNEY A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About MACARTNEY A/S
MACARTNEY A/S (CVR number: 84164828K) is a company from ESBJERG. The company reported a net sales of 918.5 mDKK in 2023, demonstrating a growth of 16.5 % compared to the previous year. The operating profit percentage was at 7.7 % (EBIT: 70.5 mDKK), while net earnings were 73.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 16.7 %, which can be considered excellent and Return on Equity (ROE) was 26.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 58.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. MACARTNEY A/S's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 635.04 | 665.72 | 610.85 | 788.23 | 918.50 |
Gross profit | 227.05 | 227.64 | 224.03 | 228.02 | 340.65 |
EBIT | 10.75 | 18.34 | 18.55 | 23.54 | 70.51 |
Net earnings | 19.92 | 28.34 | 24.72 | 31.73 | 73.19 |
Shareholders equity total | 197.85 | 210.80 | 226.81 | 260.48 | 313.00 |
Balance sheet total (assets) | 406.58 | 435.95 | 461.64 | 551.90 | 552.49 |
Net debt | 127.60 | 52.61 | 54.06 | 86.53 | 32.21 |
Profitability | |||||
EBIT-% | 1.7 % | 2.8 % | 3.0 % | 3.0 % | 7.7 % |
ROA | 6.3 % | 9.0 % | 7.7 % | 8.7 % | 16.7 % |
ROE | 10.8 % | 14.2 % | 11.6 % | 13.4 % | 26.2 % |
ROI | 8.7 % | 12.6 % | 10.9 % | 12.0 % | 23.8 % |
Economic value added (EVA) | -4.83 | 2.54 | 3.72 | 6.92 | 49.78 |
Solvency | |||||
Equity ratio | 48.9 % | 48.4 % | 49.2 % | 47.2 % | 58.3 % |
Gearing | 48.5 % | 43.9 % | 38.4 % | 52.7 % | 13.1 % |
Relative net indebtedness % | 37.8 % | 27.3 % | 31.9 % | 29.1 % | 24.1 % |
Liquidity | |||||
Quick ratio | 1.2 | 1.2 | 1.2 | 1.1 | 1.3 |
Current ratio | 1.6 | 1.6 | 1.7 | 1.7 | 2.0 |
Cash and cash equivalents | -31.63 | 40.03 | 32.97 | 50.87 | 8.76 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 69.9 | 47.1 | 65.9 | 59.1 | 59.5 |
Net working capital % | 17.1 % | 17.6 % | 22.9 % | 21.0 % | 22.8 % |
Credit risk | |||||
Credit rating | AAA | AAA | AAA | AAA | AAA |
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