MASSENBERG ACTIVITIES ApS — Credit Rating and Financial Key Figures

CVR number: 29400423
Spånagervej 4, Ørslev 4200 Slagelse
info@renskib.dk
tel: 40109198
www.renskib.dk

Company information

Official name
MASSENBERG ACTIVITIES ApS
Personnel
3 persons
Established
2006
Domicile
Ørslev
Company form
Private limited company
Industry

About MASSENBERG ACTIVITIES ApS

MASSENBERG ACTIVITIES ApS (CVR number: 29400423) is a company from KALUNDBORG. The company recorded a gross profit of 2060.7 kDKK in 2023. The operating profit was 103.2 kDKK, while net earnings were 77.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.7 %, which can be considered excellent and Return on Equity (ROE) was 27.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 52.6 %, 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. MASSENBERG ACTIVITIES 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 profit1 992.081 980.062 532.252 130.192 060.69
EBIT19.89-4.25177.12-88.91103.18
Net earnings14.90-4.15136.27-81.2477.80
Shareholders equity total194.84190.69326.95245.71323.51
Balance sheet total (assets)513.861 010.11927.98622.52615.14
Net debt- 356.69- 899.93- 674.75-49.41-68.84
Profitability
EBIT-%
ROA3.7 %-0.6 %18.3 %-11.5 %16.7 %
ROE8.0 %-2.2 %52.6 %-28.4 %27.3 %
ROI10.1 %-2.1 %66.7 %-18.6 %16.7 %
Economic value added (EVA)5.90-14.01128.15-93.4948.27
Solvency
Equity ratio37.9 %18.9 %35.2 %39.5 %52.6 %
Gearing2.8 %2.0 %152.9 %87.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.61.21.61.72.2
Current ratio1.61.21.61.72.2
Cash and cash equivalents362.14903.81674.75425.20352.30
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:16.7%
Rating: 69/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:52.6%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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