MAST ApS — Credit Rating and Financial Key Figures

CVR number: 39027976
Leandervej 8, 9000 Aalborg
vernersen@mail.dk
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Company information

Official name
MAST ApS
Personnel
1 person
Established
2017
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit423.321 317.95853.37-82.03-72.84
EBIT223.38298.35690.94- 345.62- 173.30
Net earnings166.79239.58565.60- 264.59- 214.86
Shareholders equity total219.14293.72859.32594.73379.87
Balance sheet total (assets)398.091 089.911 100.36712.99479.96
Net debt- 245.91-23.60-63.08-49.36-10.75
Profitability
EBIT-%
ROA61.6 %42.7 %66.7 %-36.2 %-25.3 %
ROE70.8 %93.4 %98.1 %-36.4 %-44.1 %
ROI87.0 %114.4 %126.4 %-45.1 %-31.0 %
Economic value added (EVA)170.54229.44522.84- 317.85- 273.72
Solvency
Equity ratio55.0 %26.9 %78.1 %83.4 %79.1 %
Gearing19.3 %
Relative net indebtedness %
Liquidity
Quick ratio2.21.34.55.94.8
Current ratio2.21.34.55.94.8
Cash and cash equivalents288.0923.6063.0849.3610.75
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:-25.3%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:79.1%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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