MACARTNEY A/S — Credit Rating and Financial Key Figures

CVR number: 84164828
Gl Guldagervej 48, Hjerting 6710 Esbjerg V
mac-dk@macartney.com
tel: 75117220

Credit rating

Company information

Official name
MACARTNEY A/S
Personnel
212 persons
Established
1978
Domicile
Hjerting
Company form
Limited company
Industry

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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales368.53340.06261.87361.47421.27
Gross profit106.86107.0889.8499.26154.25
EBIT-14.13-6.32-10.89-13.3429.87
Net earnings18.9727.3622.7829.9372.77
Shareholders equity total193.59205.57220.99252.86304.93
Balance sheet total (assets)354.91349.15372.19434.38455.57
Net debt69.8572.7767.2095.6520.80
Profitability
EBIT-%-3.8 %-1.9 %-4.2 %-3.7 %7.1 %
ROA5.9 %8.5 %6.9 %7.9 %17.7 %
ROE10.3 %13.7 %10.7 %12.6 %26.1 %
ROI7.4 %10.4 %8.4 %9.5 %21.1 %
Economic value added (EVA)-17.59-6.44-11.94-11.7535.77
Solvency
Equity ratio54.9 %58.9 %59.5 %58.2 %66.9 %
Gearing43.5 %39.3 %31.9 %40.5 %21.6 %
Relative net indebtedness %39.9 %39.0 %54.0 %45.5 %23.1 %
Liquidity
Quick ratio1.31.21.21.11.5
Current ratio1.41.51.51.41.9
Cash and cash equivalents14.347.993.276.8245.14
Capital use efficiency
Trade debtors turnover (days)34.111.822.420.59.2
Net working capital %17.3 %16.5 %24.0 %17.1 %28.7 %
Credit risk
Credit ratingAAAAAAAAAAAA

Variable visualization

ROA:17.7%
Rating: 70/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:66.9%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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