MB Cutting ApS — Credit Rating and Financial Key Figures

CVR number: 37873209
Mariendalsvej 3, 8800 Viborg
karsten@mbcutting.dk
www.mbcutting.dk

Company information

Official name
MB Cutting ApS
Personnel
4 persons
Established
2016
Company form
Private limited company
Industry

About MB Cutting ApS

MB Cutting ApS (CVR number: 37873209) is a company from VIBORG. The company recorded a gross profit of 3408.8 kDKK in 2023. The operating profit was 643.6 kDKK, while net earnings were 451.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.8 %, which can be considered good but Return on Equity (ROE) was 18.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 51.7 %, 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. MB Cutting ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit2 187.812 546.593 113.573 985.043 408.76
EBIT449.25210.67933.261 394.92643.59
Net earnings325.21143.13691.881 069.78451.57
Shareholders equity total1 959.811 602.941 794.832 564.602 216.17
Balance sheet total (assets)5 565.624 684.184 747.295 744.584 287.67
Net debt137.62392.28- 269.39-1 003.35- 152.77
Profitability
EBIT-%
ROA9.9 %4.3 %19.9 %26.6 %12.8 %
ROE17.6 %8.0 %40.7 %49.1 %18.9 %
ROI11.4 %5.2 %25.3 %34.1 %16.4 %
Economic value added (EVA)297.6465.59651.531 043.54459.64
Solvency
Equity ratio35.2 %34.2 %37.8 %44.6 %51.7 %
Gearing7.0 %32.5 %33.2 %31.4 %17.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.30.81.01.21.0
Current ratio1.40.91.21.41.1
Cash and cash equivalents128.53865.401 808.16544.25
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:12.8%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:51.7%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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