Makeen EnviroTech A/S — Credit Rating and Financial Key Figures

CVR number: 38331760
Alsvej 21, 8940 Randers SV
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Company information

Official name
Makeen EnviroTech A/S
Personnel
63 persons
Established
2017
Company form
Limited company
Industry

About Makeen EnviroTech A/S

Makeen EnviroTech A/S (CVR number: 38331760) is a company from RANDERS. The company recorded a gross profit of -188142 kDKK in 2024. The operating profit was -202.2 mDKK, while net earnings were -228 mDKK. The profitability of the company measured by Return on Assets (ROA) was -37 %, which can be considered poor and Return on Equity (ROE) was -126.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -89.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Makeen EnviroTech A/S's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit2 836.50-86 180.00- 119 392.00- 118 507.00- 188 142.00
EBIT1 532.42-87 265.00- 126 984.00- 136 670.00- 202 218.00
Net earnings1 094.98-67 754.00- 100 674.00-73 311.00- 227 980.00
Shareholders equity total-2 563.67-70 317.00- 170 991.00- 244 303.00- 472 283.00
Balance sheet total (assets)12 524.7055 358.00147 330.00289 597.0070 057.00
Net debt1 516.1118 686.00190 790.00401 792.00457 460.00
Profitability
EBIT-%
ROA9.6 %-124.0 %-57.2 %-32.1 %-37.0 %
ROE9.4 %-199.6 %-99.3 %-33.6 %-126.8 %
ROI38.0 %-197.8 %-80.4 %-40.1 %-41.7 %
Economic value added (EVA)1 275.74-67 643.01-98 736.59- 104 092.95- 213 050.95
Solvency
Equity ratio-17.3 %-59.3 %-53.7 %-47.9 %-89.7 %
Gearing-59.7 %-26.6 %-111.6 %-164.5 %-96.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.70.40.60.2
Current ratio0.60.60.40.60.2
Cash and cash equivalents14.88
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:-37.0%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-89.7%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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