MAST ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MAST ApS
MAST ApS (CVR number: 39027976) is a company from AALBORG. The company recorded a gross profit of -72.8 kDKK in 2023. The operating profit was -173.3 kDKK, while net earnings were -214.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -25.3 %, which can be considered poor and Return on Equity (ROE) was -44.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 79.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. MAST ApS's liquidity measured by quick ratio was 4.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 423.32 | 1 317.95 | 853.37 | -82.03 | -72.84 |
EBIT | 223.38 | 298.35 | 690.94 | - 345.62 | - 173.30 |
Net earnings | 166.79 | 239.58 | 565.60 | - 264.59 | - 214.86 |
Shareholders equity total | 219.14 | 293.72 | 859.32 | 594.73 | 379.87 |
Balance sheet total (assets) | 398.09 | 1 089.91 | 1 100.36 | 712.99 | 479.96 |
Net debt | - 245.91 | -23.60 | -63.08 | -49.36 | -10.75 |
Profitability | |||||
EBIT-% | |||||
ROA | 61.6 % | 42.7 % | 66.7 % | -36.2 % | -25.3 % |
ROE | 70.8 % | 93.4 % | 98.1 % | -36.4 % | -44.1 % |
ROI | 87.0 % | 114.4 % | 126.4 % | -45.1 % | -31.0 % |
Economic value added (EVA) | 170.54 | 229.44 | 522.84 | - 317.85 | - 273.72 |
Solvency | |||||
Equity ratio | 55.0 % | 26.9 % | 78.1 % | 83.4 % | 79.1 % |
Gearing | 19.3 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.2 | 1.3 | 4.5 | 5.9 | 4.8 |
Current ratio | 2.2 | 1.3 | 4.5 | 5.9 | 4.8 |
Cash and cash equivalents | 288.09 | 23.60 | 63.08 | 49.36 | 10.75 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BBB | BB | B |
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