Makeen Gas Solutions A/S — Credit Rating and Financial Key Figures

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

Company information

Official name
Makeen Gas Solutions A/S
Personnel
91 persons
Established
2000
Company form
Limited company
Industry

About Makeen Gas Solutions A/S

Makeen Gas Solutions A/S (CVR number: 25690869) is a company from RANDERS. The company reported a net sales of 442.9 mDKK in 2024, demonstrating a decline of -14.9 % compared to the previous year. The operating profit percentage was poor at -10.7 % (EBIT: -47.3 mDKK), while net earnings were 1084 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.2 %, which can be considered weak and Return on Equity (ROE) was 0.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 53.4 %, 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 0.9 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
2021
2022
2023
2024
Volume
Net sales386.58475.68520.55442.89
Gross profit63.5791.8582.4922.16
EBIT2.0615.73-0.63-47.33
Net earnings37.318.2035.121.08
Shareholders equity total292.96275.83308.48314.44
Balance sheet total (assets)528.98547.94576.46658.42
Net debt78.5850.14114.49174.12
Profitability
EBIT-%0.5 %3.3 %-0.1 %-10.7 %
ROA8.3 %3.2 %8.0 %0.2 %
ROE12.7 %2.9 %12.0 %0.3 %
ROI11.1 %4.5 %10.9 %0.3 %
Economic value added (EVA)1.54-7.65-18.77-59.17
Solvency
Equity ratio62.6 %58.1 %59.4 %53.4 %
Gearing28.3 %21.1 %37.3 %55.7 %
Relative net indebtedness %54.4 %49.1 %45.4 %69.8 %
Liquidity
Quick ratio1.01.21.00.9
Current ratio0.80.90.90.8
Cash and cash equivalents4.288.130.511.11
Capital use efficiency
Trade debtors turnover (days)27.726.415.012.0
Net working capital %-10.8 %-3.7 %-6.6 %-13.7 %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:0.25%
Rating: 21/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:53.4%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member
Board member

Companies in the same industry

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