Market Pay Nordic & Baltic ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Market Pay Nordic & Baltic ApS
Market Pay Nordic & Baltic ApS (CVR number: 42402257) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of 76.2 mDKK in 2024. The operating profit was 9358.7 kDKK, while net earnings were -182.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.5 %, which can be considered decent but Return on Equity (ROE) was -0.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 25 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Market Pay Nordic & Baltic ApS's liquidity measured by quick ratio was 2.4 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 financials2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | 13 461.78 | 70 219.20 | 76 227.60 | |
EBIT | -5 879.00 | 14 496.56 | 9 358.69 | |
Net earnings | -9 009.00 | 7 590.78 | - 182.41 | |
Shareholders equity total | 28 212.00 | 41 060.29 | 40 877.88 | |
Balance sheet total (assets) | 135 818.00 | 150 438.75 | 163 413.78 | |
Net debt | 87 804.20 | 87 597.98 | 95 660.94 | |
Profitability | ||||
EBIT-% | ||||
ROA | -4.1 % | 10.1 % | 6.5 % | |
ROE | -31.9 % | 18.5 % | -0.4 % | |
ROI | -4.2 % | 10.7 % | 7.0 % | |
Economic value added (EVA) | -5 878.86 | -6 385.33 | 13 810.14 | - 467.86 |
Solvency | ||||
Equity ratio | 20.8 % | 27.3 % | 25.0 % | |
Gearing | 341.3 % | 243.8 % | 262.7 % | |
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 2.2 | 2.9 | 2.4 | |
Current ratio | 2.2 | 2.9 | 2.4 | |
Cash and cash equivalents | 8 478.72 | 12 507.30 | 11 735.65 | |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BBB | BB | A | A |
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