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McBride Denmark A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About McBride Denmark A/S
McBride Denmark A/S (CVR number: 45062813) is a company from HOLSTEBRO. The company reported a net sales of 776.6 mDKK in 2024, demonstrating a decline of -3 % compared to the previous year. The operating profit percentage was at 5.1 % (EBIT: 39.8 mDKK), while net earnings were 25.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 9.7 %, which can be considered good but Return on Equity (ROE) was 22.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 32.1 %, 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. McBride Denmark A/S's liquidity measured by quick ratio was 0.6 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 574.39 | 580.88 | 699.70 | 800.93 | 776.58 |
| Gross profit | 62.74 | 48.03 | 39.69 | 90.00 | 101.62 |
| EBIT | 15.87 | 6.96 | -5.72 | 26.15 | 39.78 |
| Net earnings | 10.11 | 3.44 | -10.57 | 10.67 | 25.41 |
| Shareholders equity total | 98.21 | 101.65 | 91.08 | 101.74 | 127.15 |
| Balance sheet total (assets) | 369.47 | 377.37 | 432.92 | 425.32 | 399.66 |
| Net debt | 145.66 | 83.03 | |||
| Profitability | |||||
| EBIT-% | 2.8 % | 1.2 % | -0.8 % | 3.3 % | 5.1 % |
| ROA | 4.1 % | 1.9 % | -1.4 % | 6.1 % | 9.7 % |
| ROE | 10.9 % | 3.4 % | -11.0 % | 11.1 % | 22.2 % |
| ROI | 4.1 % | 1.9 % | -1.4 % | 7.6 % | 16.3 % |
| Economic value added (EVA) | 11.44 | 2.02 | -10.83 | 15.77 | 17.61 |
| Solvency | |||||
| Equity ratio | 100.0 % | 100.0 % | 100.0 % | 24.0 % | 32.1 % |
| Gearing | 150.4 % | 70.3 % | |||
| Relative net indebtedness % | 36.2 % | 31.3 % | |||
| Liquidity | |||||
| Quick ratio | 0.5 | 0.6 | |||
| Current ratio | 0.9 | 1.0 | |||
| Cash and cash equivalents | 7.33 | 6.41 | |||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 55.5 | 50.8 | |||
| Net working capital % | -3.3 % | 0.9 % | |||
| Credit risk | |||||
| Credit rating | A | A | A | A | A |
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