MICRO MATIC A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About MICRO MATIC A/S
MICRO MATIC A/S (CVR number: 49655118K) is a company from ODENSE. The company reported a net sales of 2300 mDKK in 2023, demonstrating a growth of 14.3 % compared to the previous year. The operating profit percentage was at 9.1 % (EBIT: 210.3 mDKK), while net earnings were 121.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 7.9 %, which can be considered decent but Return on Equity (ROE) was 9.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 36 %, 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. MICRO MATIC A/S's liquidity measured by quick ratio was 0.8 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 613.21 | 979.94 | 1 529.32 | 2 012.05 | 2 300.05 |
Gross profit | 443.86 | 230.30 | 401.13 | 524.77 | 571.11 |
EBIT | 200.04 | 81.16 | 201.15 | 274.61 | 210.28 |
Net earnings | 141.54 | 61.65 | 154.03 | 187.15 | 121.39 |
Shareholders equity total | 915.23 | 951.31 | 1 139.93 | 1 237.67 | 1 243.09 |
Balance sheet total (assets) | 1 624.07 | 1 702.56 | 2 172.11 | 2 309.78 | 3 452.03 |
Net debt | 271.95 | 146.19 | 338.68 | 374.42 | 1 241.25 |
Profitability | |||||
EBIT-% | 12.4 % | 8.3 % | 13.2 % | 13.6 % | 9.1 % |
ROA | 12.2 % | 5.4 % | 10.7 % | 12.8 % | 7.9 % |
ROE | 15.0 % | 6.6 % | 14.7 % | 15.7 % | 9.8 % |
ROI | 16.2 % | 6.7 % | 13.3 % | 16.0 % | 9.6 % |
Economic value added (EVA) | 107.03 | 20.67 | 121.96 | 160.16 | 109.26 |
Solvency | |||||
Equity ratio | 56.4 % | 55.9 % | 52.5 % | 53.6 % | 36.0 % |
Gearing | 36.4 % | 35.3 % | 37.6 % | 41.8 % | 122.7 % |
Relative net indebtedness % | 40.1 % | 57.3 % | 61.6 % | 46.2 % | 83.7 % |
Liquidity | |||||
Quick ratio | -0.1 | 0.1 | 0.6 | 0.8 | 0.8 |
Current ratio | 1.5 | 1.5 | 1.4 | 1.4 | 1.5 |
Cash and cash equivalents | 61.63 | 190.04 | 89.80 | 143.31 | 283.73 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 67.7 | 86.8 | 100.1 | 90.4 | 91.1 |
Net working capital % | 18.5 % | 28.6 % | 21.4 % | 19.8 % | 23.7 % |
Credit risk | |||||
Credit rating | AAA | AAA | AAA | AAA | AAA |
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