M-ENGINEERING ApS — Credit Rating and Financial Key Figures

CVR number: 33958188
Marsalle 38 A, 8700 Horsens

Credit rating

Company information

Official name
M-ENGINEERING ApS
Personnel
2 persons
Established
2011
Company form
Private limited company
Industry

About M-ENGINEERING ApS

M-ENGINEERING ApS (CVR number: 33958188) is a company from HORSENS. The company recorded a gross profit of 3286.4 kDKK in 2023. The operating profit was 2690.9 kDKK, while net earnings were 2153.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 99.8 %, which can be considered excellent and Return on Equity (ROE) was 149.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 57.4 %, 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. M-ENGINEERING ApS's liquidity measured by quick ratio was 3.3 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit682.33570.981 355.561 123.373 286.40
EBIT181.06204.56845.02480.752 690.90
Net earnings149.81158.22648.53365.982 153.83
Shareholders equity total387.07545.291 043.82559.802 313.63
Balance sheet total (assets)1 090.121 332.452 113.231 387.124 028.95
Net debt- 379.26- 841.34-1 575.34- 591.53- 472.63
Profitability
EBIT-%
ROA18.0 %17.7 %49.6 %28.1 %99.8 %
ROE48.0 %33.9 %81.6 %45.6 %149.9 %
ROI40.8 %39.4 %103.5 %51.6 %167.4 %
Economic value added (EVA)162.39163.93670.77400.312 158.64
Solvency
Equity ratio35.5 %40.9 %49.4 %40.4 %57.4 %
Gearing39.9 %6.1 %42.4 %5.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.72.41.83.3
Current ratio1.31.82.41.93.4
Cash and cash equivalents533.60841.341 638.58828.83589.59
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:99.8%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:57.4%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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