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: 25690869) is a company from RANDERS. The company reported a net sales of 520.6 mDKK in 2023, demonstrating a growth of 9.4 % compared to the previous year. The operating profit percentage was poor at -0.1 % (EBIT: -0.6 mDKK), while net earnings were 35.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 8 %, which can be considered decent but Return on Equity (ROE) was 12 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 59.4 %, 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 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
202120222023
Volume
Net sales386.58475.68520.55
Gross profit63.5791.8582.49
EBIT2.0615.73-0.63
Net earnings37.318.2035.12
Shareholders equity total292.96275.83308.48
Balance sheet total (assets)528.98547.94576.46
Net debt78.5850.14114.49
Profitability
EBIT-%0.5 %3.3 %-0.1 %
ROA8.3 %3.2 %8.0 %
ROE12.7 %2.9 %12.0 %
ROI11.1 %4.5 %10.9 %
Economic value added (EVA)1.5414.121.24
Solvency
Equity ratio62.6 %58.1 %59.4 %
Gearing28.3 %21.1 %37.3 %
Relative net indebtedness %54.4 %49.1 %45.4 %
Liquidity
Quick ratio1.01.21.0
Current ratio0.80.90.9
Cash and cash equivalents4.288.130.51
Capital use efficiency
Trade debtors turnover (days)27.726.415.0
Net working capital %-10.8 %-3.7 %-6.6 %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:7.96%
Rating: 51/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:59.4%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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