MOCON Europe A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About MOCON Europe A/S
MOCON Europe A/S (CVR number: 70603810) is a company from RINGSTED. The company recorded a gross profit of 94.7 mDKK in 2023. The operating profit was 22.6 mDKK, while net earnings were 24.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 14.3 %, which can be considered good and Return on Equity (ROE) was 12.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 91.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MOCON Europe A/S's liquidity measured by quick ratio was 4.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 95 412.00 | 94 657.00 | |||
EBIT | 18 462.00 | 28 390.00 | 43 189.00 | 23 581.00 | 22 622.00 |
Net earnings | 18 001.00 | 26 567.00 | 40 555.00 | 56 011.00 | 24 248.00 |
Shareholders equity total | 117 336.00 | 120 103.00 | 123 408.00 | 179 419.00 | 203 695.00 |
Balance sheet total (assets) | 137 861.00 | 147 277.00 | 154 380.00 | 203 866.00 | 223 352.00 |
Net debt | -30 076.00 | -23 966.00 | |||
Profitability | |||||
EBIT-% | |||||
ROA | 14.2 % | 19.9 % | 28.6 % | 34.7 % | 14.3 % |
ROE | 16.6 % | 22.4 % | 33.3 % | 37.0 % | 12.7 % |
ROI | 15.0 % | 19.9 % | 28.6 % | 36.6 % | 15.5 % |
Economic value added (EVA) | 15 249.62 | 22 493.87 | 37 153.82 | 12 994.49 | 11 604.22 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 88.0 % | 91.2 % |
Gearing | 3.4 % | 1.5 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.9 | 4.6 | |||
Current ratio | 4.4 | 6.3 | |||
Cash and cash equivalents | 36 219.00 | 27 086.00 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | BBB | AAA | AAA |
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