Makeen Gas Solutions A/S

CVR number: 25690869
Alsvej 21, 8940 Randers SV
tel: 87403010

Credit rating

Company information

Official name
Makeen Gas Solutions A/S
Personnel
90 persons
Established
2000
Company form
Limited company
Industry
  • Expand more icon28Manufacture of machinery and equipment n.e.c.

About the company

Makeen Gas Solutions A/S (CVR number: 25690869K) is a company from RANDERS. The company reported a net sales of 1098.8 mDKK in 2023, demonstrating a growth of 16.1 % compared to the previous year. The operating profit percentage was at 4.6 % (EBIT: 50.8 mDKK), while net earnings were 37.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 8.2 %, which can be considered good and Return on Equity (ROE) was 12.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 49 %, 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. Makeen Gas Solutions A/S's liquidity measured by quick ratio was 1.4 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
20192020202120222023
Volume
Net sales871.10894.60871.83946.431 098.76
Gross profit242.10210.60179.68177.56222.27
EBIT65.1058.2046.7214.7350.82
Net earnings38.829.5737.53
Shareholders equity total237.00248.70297.87280.93314.94
Balance sheet total (assets)50.09744.47707.42736.19
Net debt-50.090.50-18.00-12.61
Profitability
EBIT-%7.5 %6.5 %5.4 %1.6 %4.6 %
ROA116.2 %16.2 %4.3 %8.2 %
ROE14.3 %3.4 %12.8 %
ROI116.2 %26.5 %7.8 %15.1 %
Economic value added (EVA)55.3346.2921.560.1630.16
Solvency
Equity ratio100.0 %100.0 %46.3 %47.0 %49.0 %
Gearing36.4 %17.2 %15.8 %
Relative net indebtedness %-5.6 %35.2 %34.0 %28.6 %
Liquidity
Quick ratio1.41.51.4
Current ratio1.31.41.5
Cash and cash equivalents50.09107.8266.3262.30
Capital use efficiency
Trade debtors turnover (days)71.057.648.7
Net working capital %5.6 %15.9 %15.2 %16.2 %
Credit risk
Credit ratingCCAAAAA

Variable visualization

ROA:8.15%
Rating: 52/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:49.0%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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