MARS DANMARK A/S — Credit Rating and Financial Key Figures

CVR number: 63203211
Kay Fiskers Plads 10, 2300 København S
cop.office.service@effem.com
tel: 43245100
https://dnk.mars.com/en

Company information

Official name
MARS DANMARK A/S
Personnel
133 persons
Established
1971
Company form
Limited company
Industry

About MARS DANMARK A/S

MARS DANMARK A/S (CVR number: 63203211) is a company from KØBENHAVN. The company reported a net sales of 602.6 mDKK in 2023, demonstrating a growth of 13.8 % compared to the previous year. The operating profit percentage was at 19.6 % (EBIT: 118.1 mDKK), while net earnings were 84.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 49.7 %, which can be considered excellent and Return on Equity (ROE) was 89.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 34.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. MARS DANMARK A/S's liquidity measured by quick ratio was 2.5 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales468.59481.42498.37529.71602.60
Gross profit197.27193.44203.63198.30230.97
EBIT82.6176.5479.7888.31118.09
Net earnings63.0658.7562.5368.9184.09
Shareholders equity total114.61118.3680.8994.8093.89
Balance sheet total (assets)237.00243.67205.28220.81274.58
Net debt18.3012.16
Profitability
EBIT-%17.6 %15.9 %16.0 %16.7 %19.6 %
ROA37.3 %31.8 %35.5 %41.6 %49.7 %
ROE59.7 %50.4 %62.8 %78.4 %89.1 %
ROI45.2 %31.8 %35.5 %48.8 %65.6 %
Economic value added (EVA)78.4270.7873.8464.6276.18
Solvency
Equity ratio100.0 %100.0 %100.0 %42.9 %34.2 %
Gearing22.7 %34.9 %
Relative net indebtedness %15.2 %11.6 %
Liquidity
Quick ratio2.22.5
Current ratio2.73.1
Cash and cash equivalents3.2120.64
Capital use efficiency
Trade debtors turnover (days)18.831.4
Net working capital %24.4 %29.4 %
Credit risk
Credit ratingBBBBBBBBBAAAA

Variable visualization

ROA:49.7%
Rating: 94/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:34.2%
Rating: 29/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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