Maigaard & Molbech II ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Maigaard & Molbech II ApS
Maigaard & Molbech II ApS (CVR number: 42844918K) is a company from RANDERS. The company reported a net sales of 1145.4 mDKK in 2023, demonstrating a growth of 32.1 % compared to the previous year. The operating profit percentage was at 4.2 % (EBIT: 48 mDKK), while net earnings were -11.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 1.6 %, which can be considered weak but Return on Equity (ROE) was -25600 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 57.9 %, 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. Maigaard & Molbech II ApS'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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2022 | 2023 | |
---|---|---|
Volume | ||
Net sales | 867 130.00 | 1 145 415.00 |
Gross profit | 197 925.00 | 297 074.00 |
EBIT | 14 053.00 | 48 029.00 |
Net earnings | -21 760.00 | -11 136.00 |
Shareholders equity total | 1 197 737.00 | 2 686 762.00 |
Balance sheet total (assets) | 2 743 550.00 | 4 639 416.00 |
Net debt | 689 561.00 | 939 629.00 |
Profitability | ||
EBIT-% | 1.6 % | 4.2 % |
ROA | 0.7 % | 1.6 % |
ROE | -35672.1 % | -25600.0 % |
ROI | 0.9 % | 1.8 % |
Economic value added (EVA) | 9 977.63 | -48 303.98 |
Solvency | ||
Equity ratio | 43.7 % | 57.9 % |
Gearing | 61.5 % | 43.6 % |
Relative net indebtedness % | 149.2 % | 123.4 % |
Liquidity | ||
Quick ratio | 0.3 | 0.8 |
Current ratio | 0.4 | 1.0 |
Cash and cash equivalents | 47 073.00 | 232 587.00 |
Capital use efficiency | ||
Trade debtors turnover (days) | 67.1 | 68.2 |
Net working capital % | -43.4 % | -1.9 % |
Credit risk | ||
Credit rating | A | A |
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