MTJ A/S — Credit Rating and Financial Key Figures

CVR number: 33059574
Hailkjærvej 3, 7830 Vinderup

Credit rating

Company information

Official name
MTJ A/S
Personnel
31 persons
Established
2010
Company form
Limited company
Industry

About MTJ A/S

MTJ A/S (CVR number: 33059574) is a company from HOLSTEBRO. The company recorded a gross profit of 27.4 mDKK in 2021. The operating profit was 2247.6 kDKK, while net earnings were 1613.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.7 %, which can be considered good but Return on Equity (ROE) was 71.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 14.9 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. MTJ A/S's liquidity measured by quick ratio was 1.1 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2017
2018
2019
2020
2021
Volume
Net sales
Gross profit20 417.3920 336.9219 800.4618 843.9627 448.76
EBIT1 144.74623.59365.41291.132 247.56
Net earnings939.05367.79197.34176.351 613.59
Shareholders equity total3 514.593 182.381 279.721 456.073 069.66
Balance sheet total (assets)11 437.8513 156.0510 277.4411 975.6420 572.81
Net debt1 840.185 154.321 773.401 258.714 019.60
Profitability
EBIT-%
ROA10.7 %6.6 %5.1 %3.6 %14.7 %
ROE24.7 %11.0 %8.8 %12.9 %71.3 %
ROI22.6 %10.3 %8.8 %8.6 %32.1 %
Economic value added (EVA)800.76324.43147.68166.241 678.10
Solvency
Equity ratio30.7 %24.2 %12.5 %12.2 %14.9 %
Gearing76.6 %188.0 %210.3 %152.5 %164.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.10.91.01.1
Current ratio1.21.10.91.01.1
Cash and cash equivalents851.88828.65917.41961.641 029.33
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBBBB

Variable visualization

ROA:14.7%
Rating: 66/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:14.9%
Rating: 14/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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