Maskinhandler Indkøbsringen Holding A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Maskinhandler Indkøbsringen Holding A/S
Maskinhandler Indkøbsringen Holding A/S (CVR number: 38672452) is a company from VEJLE. The company recorded a gross profit of 6.2 kDKK in 2023. The operating profit was -264.1 kDKK, while net earnings were 1008 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.6 %, which can be considered weak and Return on Equity (ROE) was 2.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Maskinhandler Indkøbsringen Holding A/S's liquidity measured by quick ratio was 161.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 147.04 | - 426.29 | - 537.26 | -2 475.93 | 6.22 |
EBIT | - 147.04 | - 426.29 | -4 060.69 | -5 381.41 | - 264.13 |
Net earnings | 651.18 | 2 280.94 | 2 936.95 | 9 551.17 | 1 007.96 |
Shareholders equity total | 36 928.24 | 39 478.50 | 41 518.36 | 48 615.12 | 49 623.07 |
Balance sheet total (assets) | 42 225.97 | 46 153.08 | 63 804.50 | 49 398.30 | 49 931.79 |
Net debt | 5 158.64 | 4 110.89 | 18 892.50 | -44 960.06 | -46 671.57 |
Profitability | |||||
EBIT-% | |||||
ROA | 1.9 % | 5.4 % | 31.6 % | 17.7 % | 2.6 % |
ROE | 1.8 % | 6.0 % | 7.3 % | 21.2 % | 2.1 % |
ROI | 1.9 % | 5.6 % | 6.1 % | 18.3 % | 2.6 % |
Economic value added (EVA) | -28.27 | - 296.34 | -3 880.20 | -3 926.65 | - 389.80 |
Solvency | |||||
Equity ratio | 87.5 % | 85.5 % | 65.1 % | 98.4 % | 99.4 % |
Gearing | 14.0 % | 10.4 % | 45.5 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.7 | 0.9 | 0.4 | 63.1 | 161.7 |
Current ratio | 0.7 | 0.9 | 0.4 | 63.1 | 161.7 |
Cash and cash equivalents | 0.06 | 44 960.06 | 46 671.57 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | BBB | BBB |
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