Maskinhandler Indkøbsringen Holding A/S — Credit Rating and Financial Key Figures

Maskinhandler Indkøbsringen Holding A/S (CVR number: 38672452K) is a company from VEJLE. The company reported a net sales of 326 mDKK in 2020, demonstrating a decline of -1.2 % compared to the previous year. The operating profit percentage was at 3.3 % (EBIT: 10.8 mDKK), while net earnings were 2280.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.7 %, which can be considered decent and Return on Equity (ROE) was 6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 21.4 %, 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. Maskinhandler Indkøbsringen Holding A/S's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.