MS Safety ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MS Safety ApS
MS Safety ApS (CVR number: 39857391) is a company from HERNING. The company recorded a gross profit of 696.7 kDKK in 2024. The operating profit was -78.4 kDKK, while net earnings were -62.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -13.8 %, which can be considered poor and Return on Equity (ROE) was -15.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 66.7 %, 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. MS Safety ApS's liquidity measured by quick ratio was 3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 570.00 | 678.52 | 671.28 | 689.66 | 696.69 |
| EBIT | 28.30 | 125.87 | 18.00 | 168.70 | -78.42 |
| Net earnings | 20.52 | 96.53 | 12.23 | 139.83 | -62.46 |
| Shareholders equity total | 179.91 | 276.44 | 288.67 | 428.49 | 366.03 |
| Balance sheet total (assets) | 358.37 | 447.96 | 498.37 | 581.43 | 548.91 |
| Net debt | - 297.12 | - 307.24 | - 227.29 | - 340.06 | - 304.78 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 8.1 % | 31.2 % | 3.8 % | 33.4 % | -13.8 % |
| ROE | 12.1 % | 42.3 % | 4.3 % | 39.0 % | -15.7 % |
| ROI | 16.1 % | 55.1 % | 6.3 % | 48.4 % | -19.1 % |
| Economic value added (EVA) | 26.05 | 103.99 | 15.21 | 127.77 | -66.64 |
| Solvency | |||||
| Equity ratio | 50.2 % | 61.7 % | 57.9 % | 73.7 % | 66.7 % |
| Gearing | 0.1 % | ||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 2.0 | 2.6 | 2.4 | 4.5 | 3.0 |
| Current ratio | 2.0 | 2.6 | 2.4 | 4.5 | 3.0 |
| Cash and cash equivalents | 297.12 | 307.54 | 227.29 | 340.06 | 304.78 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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