MTT HOLDING, AALESTRUP ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MTT HOLDING, AALESTRUP ApS
MTT HOLDING, AALESTRUP ApS (CVR number: 34460329) is a company from VIBORG. The company recorded a gross profit of 1032.5 kDKK in 2023, demonstrating a growth of 19.3 % compared to the previous year. The operating profit was 1766 kDKK, while net earnings were 1547.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 79.1 %, which can be considered excellent and Return on Equity (ROE) was 64 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 69.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. MTT HOLDING, AALESTRUP ApS's liquidity measured by quick ratio was 2.3 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 151.52 | 270.19 | 58.42 | 201.10 | |
Gross profit | 437.10 | 625.25 | 542.69 | 865.40 | 1 032.47 |
EBIT | 397.52 | 552.89 | - 339.14 | 545.76 | 1 766.02 |
Net earnings | 318.41 | 472.67 | - 416.14 | 508.36 | 1 547.67 |
Shareholders equity total | 1 841.22 | 2 200.90 | 1 670.36 | 2 060.92 | 2 776.59 |
Balance sheet total (assets) | 2 783.66 | 3 243.84 | 2 619.30 | 2 393.05 | 3 991.45 |
Net debt | 436.77 | 779.35 | 583.15 | - 220.55 | - 690.44 |
Profitability | |||||
EBIT-% | 262.3 % | 204.6 % | -580.5 % | 271.4 % | |
ROA | 13.8 % | 18.3 % | -11.6 % | 26.2 % | 79.1 % |
ROE | 17.8 % | 23.4 % | -21.5 % | 27.2 % | 64.0 % |
ROI | 15.3 % | 19.4 % | -12.1 % | 28.8 % | 92.1 % |
Economic value added (EVA) | 293.23 | 460.97 | - 414.21 | 448.13 | 1 406.30 |
Solvency | |||||
Equity ratio | 66.1 % | 67.8 % | 63.8 % | 86.1 % | 69.6 % |
Gearing | 37.8 % | 40.7 % | 44.1 % | 0.0 % | 19.3 % |
Relative net indebtedness % | 427.9 % | 327.0 % | 1278.7 % | 30.4 % | |
Liquidity | |||||
Quick ratio | 1.1 | 0.6 | 0.6 | 4.6 | 2.3 |
Current ratio | 1.1 | 0.6 | 0.6 | 4.6 | 2.3 |
Cash and cash equivalents | 260.09 | 116.48 | 154.27 | 221.44 | 1 225.74 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 30.9 % | -61.3 % | -284.4 % | 253.5 % | |
Credit risk | |||||
Credit rating | A | A | BBB | A | A |
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