M.S. Andersen ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About M.S. Andersen ApS
M.S. Andersen ApS (CVR number: 38713000) is a company from KØGE. The company recorded a gross profit of 725.5 kDKK in 2023. The operating profit was -49.6 kDKK, while net earnings were -9.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.3 %, which can be considered poor and Return on Equity (ROE) was -1.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 64.2 %, 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. M.S. Andersen ApS's liquidity measured by quick ratio was 2.8 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 | 54.66 | 185.48 | 219.59 | 712.71 | 725.49 |
EBIT | 54.66 | 145.57 | 138.57 | 645.18 | -49.59 |
Net earnings | 41.38 | 111.73 | 104.23 | 498.95 | -9.94 |
Shareholders equity total | 66.93 | 178.66 | 282.89 | 781.85 | 771.90 |
Balance sheet total (assets) | 175.60 | 433.36 | 854.52 | 1 389.57 | 1 203.21 |
Net debt | -75.59 | - 101.30 | -79.05 | - 145.89 | - 205.47 |
Profitability | |||||
EBIT-% | |||||
ROA | 42.6 % | 47.8 % | 21.5 % | 57.5 % | -0.3 % |
ROE | 89.5 % | 91.0 % | 45.2 % | 93.7 % | -1.3 % |
ROI | 59.6 % | 86.7 % | 48.4 % | 113.8 % | -0.5 % |
Economic value added (EVA) | 45.37 | 118.10 | 106.13 | 496.08 | -80.39 |
Solvency | |||||
Equity ratio | 38.1 % | 41.2 % | 33.1 % | 56.3 % | 64.2 % |
Gearing | 68.2 % | 25.0 % | 23.5 % | 0.4 % | 0.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.6 | 1.5 | 1.4 | 2.1 | 2.8 |
Current ratio | 1.6 | 1.6 | 1.5 | 2.2 | 2.8 |
Cash and cash equivalents | 121.24 | 146.03 | 145.66 | 148.84 | 206.53 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | BBB |
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