MASH Makes A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About MASH Makes A/S
MASH Makes A/S (CVR number: 37102059) is a company from KØBENHAVN. The company recorded a gross profit of -12902.5 kDKK in 2023. The operating profit was -19.2 mDKK, while net earnings were -18.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was -33.7 %, which can be considered poor and Return on Equity (ROE) was -41.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 89.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MASH Makes A/S's liquidity measured by quick ratio was 8.1 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -1 866.13 | 1 890.88 | 1 141.39 | 9 758.58 | -12 902.55 |
EBIT | -1 904.21 | 511.39 | 13.63 | 2 212.45 | -19 207.52 |
Net earnings | -2 033.36 | 528.24 | -95.02 | 1 950.37 | -18 576.28 |
Shareholders equity total | 1 278.77 | 1 807.01 | 6 769.36 | 11 715.31 | 78 574.03 |
Balance sheet total (assets) | 3 641.37 | 4 859.06 | 10 651.08 | 19 869.36 | 88 127.80 |
Net debt | - 696.61 | - 910.70 | -2 056.35 | -8 296.34 | -70 412.49 |
Profitability | |||||
EBIT-% | |||||
ROA | -46.7 % | 12.5 % | 0.2 % | 14.5 % | -33.7 % |
ROE | -79.6 % | 34.2 % | -2.2 % | 21.1 % | -41.1 % |
ROI | -51.5 % | 13.8 % | 0.2 % | 20.3 % | -40.3 % |
Economic value added (EVA) | -1 767.85 | 543.63 | 30.08 | 2 037.48 | -19 311.34 |
Solvency | |||||
Equity ratio | 35.1 % | 37.2 % | 63.7 % | 59.0 % | 89.8 % |
Gearing | 4.6 % | 3.2 % | 0.9 % | 0.9 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 24.7 | 2.8 | 4.4 | 3.1 | 8.1 |
Current ratio | 24.7 | 2.8 | 4.3 | 3.1 | 7.5 |
Cash and cash equivalents | 755.12 | 969.21 | 2 114.86 | 8 396.55 | 70 412.49 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A | AA | BBB |
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