MASTER INNOVATIONS ApS

CVR number: 30546660
Grønsiskenvej 12, Rindum 6950 Ringkøbing
pb@sletten4.dk
tel: 20107910

Credit rating

Company information

Official name
MASTER INNOVATIONS ApS
Established
2007
Domicile
Rindum
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About MASTER INNOVATIONS ApS

MASTER INNOVATIONS ApS (CVR number: 30546660) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 228.7 kDKK in 2017. The operating profit was -571.3 kDKK, while net earnings were -1064.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -13.1 %, which can be considered poor and Return on Equity (ROE) was -244.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -80.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. MASTER INNOVATIONS ApS's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20162017
Volume
Net sales
Gross profit646.32228.69
EBIT246.32- 571.31
Net earnings-68.60-1 064.94
Shareholders equity total812.54- 252.40
Balance sheet total (assets)8 393.6559.80
Net debt6 732.28
Profitability
EBIT-%
ROA2.9 %-13.1 %
ROE-8.4 %-244.2 %
ROI3.3 %-15.1 %
Economic value added (EVA)246.32- 675.44
Solvency
Equity ratio9.7 %-80.8 %
Gearing828.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.2
Current ratio0.00.2
Cash and cash equivalents3.09
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBC

Variable visualization

ROA:-13.1%
Rating: 7/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-80.8%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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