MOGENS DAARBAK HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About MOGENS DAARBAK HOLDING A/S
MOGENS DAARBAK HOLDING A/S (CVR number: 25445716K) is a company from AALBORG. The company recorded a gross profit of 111.8 mDKK in 2020. The operating profit was 31.8 mDKK, while net earnings were 23 mDKK. The profitability of the company measured by Return on Assets (ROA) was 8.1 %, which can be considered good but Return on Equity (ROE) was 18.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 32.7 %, 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. MOGENS DAARBAK HOLDING A/S's liquidity measured by quick ratio was 0.5 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 financials2018 | 2019 | 2020 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | 91 904.41 | 93 192.91 | 111 817.97 |
EBIT | 23 923.32 | 20 102.53 | 31 753.45 |
Net earnings | 17 265.05 | 14 044.85 | 23 000.65 |
Shareholders equity total | 101 217.33 | 117 710.30 | 136 573.64 |
Balance sheet total (assets) | 346 430.04 | 373 524.37 | 418 987.23 |
Net debt | 149 434.24 | 184 052.07 | 191 573.89 |
Profitability | |||
EBIT-% | |||
ROA | 6.9 % | 5.6 % | 8.1 % |
ROE | 17.6 % | 13.2 % | 18.6 % |
ROI | 9.0 % | 6.8 % | 9.5 % |
Economic value added (EVA) | 18 502.45 | 5 655.61 | 12 638.24 |
Solvency | |||
Equity ratio | 29.4 % | 31.6 % | 32.7 % |
Gearing | 147.7 % | 156.5 % | 140.4 % |
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 0.5 | 0.6 | 0.5 |
Current ratio | 0.7 | 0.9 | 0.8 |
Cash and cash equivalents | 95.17 | 166.43 | 127.51 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | A | AA | AA |
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