Mustang Danmark A/S — Credit Rating and Financial Key Figures

CVR number: 32060307
Marsalle 32, 8700 Horsens
tk@remaetablering.dk
tel: 88816000

Company information

Official name
Mustang Danmark A/S
Established
2009
Company form
Limited company
Industry

About Mustang Danmark A/S

Mustang Danmark A/S (CVR number: 32060307) is a company from HORSENS. The company recorded a gross profit of 17 mDKK in 2024. The operating profit was 15.1 mDKK, while net earnings were 13 mDKK. The profitability of the company measured by Return on Assets (ROA) was 23.8 %, which can be considered excellent and Return on Equity (ROE) was 19 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 97.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Mustang Danmark A/S's liquidity measured by quick ratio was 15.8 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit25 727.0039 019.0023 291.0018 575.0017 000.00
EBIT22 095.0036 168.0021 066.0016 484.0015 113.00
Net earnings18 204.0029 989.0014 405.0014 558.0012 982.00
Shareholders equity total92 837.00122 826.00137 230.0061 788.0074 770.00
Balance sheet total (assets)100 038.00128 408.00144 562.0063 721.0076 886.00
Net debt-3 149.00-29 394.00-2 678.00-10 332.00- 499.00
Profitability
EBIT-%
ROA12.8 %33.1 %14.4 %17.9 %23.8 %
ROE11.4 %27.8 %11.1 %14.6 %19.0 %
ROI13.0 %34.8 %15.0 %18.6 %24.3 %
Economic value added (EVA)4 725.9923 862.9210 240.105 977.728 654.74
Solvency
Equity ratio92.8 %95.7 %94.9 %97.0 %97.2 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio6.916.016.517.115.8
Current ratio6.916.016.517.115.8
Cash and cash equivalents3 149.0029 394.002 678.0010 332.00499.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:23.8%
Rating: 80/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.2%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board
Board member

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