MECH ENGINEERING ApS — Credit Rating and Financial Key Figures

CVR number: 35654534
Vestergade 43, 7361 Ejstrupholm
pc@m-eng.dk
tel: 28886191
www.m-eng.dk

Credit rating

Company information

Official name
MECH ENGINEERING ApS
Personnel
3 persons
Established
2014
Company form
Private limited company
Industry

About MECH ENGINEERING ApS

MECH ENGINEERING ApS (CVR number: 35654534) is a company from IKAST-BRANDE. The company recorded a gross profit of 1210.8 kDKK in 2023. The operating profit was 65 kDKK, while net earnings were 48.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.5 %, which can be considered good and Return on Equity (ROE) was 13.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 51.9 %, 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. MECH ENGINEERING ApS's liquidity measured by quick ratio was 2.2 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit748.531 016.531 110.571 188.871 210.83
EBIT- 291.3564.6646.58173.0864.96
Net earnings- 249.8846.2134.67131.9348.05
Shareholders equity total112.83159.03193.70325.63373.68
Balance sheet total (assets)1 153.84540.46473.81654.36719.34
Net debt871.70- 181.09- 148.15- 278.84- 394.38
Profitability
EBIT-%
ROA-28.4 %7.6 %9.2 %30.7 %9.5 %
ROE-105.1 %34.0 %19.7 %50.8 %13.7 %
ROI-37.6 %10.5 %20.2 %54.0 %16.6 %
Economic value added (EVA)- 254.190.5128.07124.4732.70
Solvency
Equity ratio9.8 %29.4 %40.9 %49.8 %51.9 %
Gearing772.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.62.12.52.2
Current ratio1.11.62.12.52.2
Cash and cash equivalents181.09148.15278.84394.38
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:9.46%
Rating: 56/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:51.9%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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