MACARTNEY A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About MACARTNEY A/S
MACARTNEY A/S (CVR number: 84164828) is a company from ESBJERG. The company reported a net sales of 421.3 mDKK in 2023, demonstrating a growth of 16.5 % compared to the previous year. The operating profit percentage was at 7.1 % (EBIT: 29.9 mDKK), while net earnings were 72.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 17.7 %, which can be considered excellent and Return on Equity (ROE) was 26.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 66.9 %, 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. MACARTNEY A/S's liquidity measured by quick ratio was 1.5 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 | 368.53 | 340.06 | 261.87 | 361.47 | 421.27 |
Gross profit | 106.86 | 107.08 | 89.84 | 99.26 | 154.25 |
EBIT | -14.13 | -6.32 | -10.89 | -13.34 | 29.87 |
Net earnings | 18.97 | 27.36 | 22.78 | 29.93 | 72.77 |
Shareholders equity total | 193.59 | 205.57 | 220.99 | 252.86 | 304.93 |
Balance sheet total (assets) | 354.91 | 349.15 | 372.19 | 434.38 | 455.57 |
Net debt | 69.85 | 72.77 | 67.20 | 95.65 | 20.80 |
Profitability | |||||
EBIT-% | -3.8 % | -1.9 % | -4.2 % | -3.7 % | 7.1 % |
ROA | 5.9 % | 8.5 % | 6.9 % | 7.9 % | 17.7 % |
ROE | 10.3 % | 13.7 % | 10.7 % | 12.6 % | 26.1 % |
ROI | 7.4 % | 10.4 % | 8.4 % | 9.5 % | 21.1 % |
Economic value added (EVA) | -17.59 | -6.44 | -11.94 | -11.75 | 35.77 |
Solvency | |||||
Equity ratio | 54.9 % | 58.9 % | 59.5 % | 58.2 % | 66.9 % |
Gearing | 43.5 % | 39.3 % | 31.9 % | 40.5 % | 21.6 % |
Relative net indebtedness % | 39.9 % | 39.0 % | 54.0 % | 45.5 % | 23.1 % |
Liquidity | |||||
Quick ratio | 1.3 | 1.2 | 1.2 | 1.1 | 1.5 |
Current ratio | 1.4 | 1.5 | 1.5 | 1.4 | 1.9 |
Cash and cash equivalents | 14.34 | 7.99 | 3.27 | 6.82 | 45.14 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 34.1 | 11.8 | 22.4 | 20.5 | 9.2 |
Net working capital % | 17.3 % | 16.5 % | 24.0 % | 17.1 % | 28.7 % |
Credit risk | |||||
Credit rating | AA | AAA | AA | AA | AAA |
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