MV PLAST ApS — Credit Rating and Financial Key Figures

CVR number: 29627894
Mirabellevej 9 A, Randers By 8930 Randers NØ
mail@mvplast.dk
tel: 86404021

Credit rating

Company information

Official name
MV PLAST ApS
Personnel
24 persons
Established
2006
Domicile
Randers By
Company form
Private limited company
Industry
  • Expand more icon22Manufacture of rubber and plastic products

About MV PLAST ApS

MV PLAST ApS (CVR number: 29627894) is a company from RANDERS. The company recorded a gross profit of 18.4 mDKK in 2023. The operating profit was 7609 kDKK, while net earnings were 5664.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 25.9 %, which can be considered excellent and Return on Equity (ROE) was 63.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 36.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. MV PLAST ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit7 329.306 642.555 882.1310 951.6118 413.60
EBIT324.78517.49- 373.472 686.037 609.02
Net earnings9.2351.41- 539.931 583.925 664.70
Shareholders equity total5 195.195 249.604 709.676 293.5911 458.29
Balance sheet total (assets)20 749.0419 923.4319 856.2827 567.4131 707.56
Net debt6 878.676 410.047 920.929 841.1411 026.04
Profitability
EBIT-%
ROA1.7 %2.6 %-1.8 %11.5 %25.9 %
ROE0.2 %1.0 %-10.8 %28.8 %63.8 %
ROI1.9 %3.0 %-2.1 %14.3 %30.8 %
Economic value added (EVA)- 449.3754.21- 683.261 714.385 525.90
Solvency
Equity ratio25.0 %26.3 %23.7 %22.8 %36.1 %
Gearing132.4 %122.1 %168.2 %156.4 %96.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.50.50.60.5
Current ratio0.80.90.80.91.3
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBAAA

Variable visualization

ROA:25.9%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:36.1%
Rating: 30/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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