M&J AIRLAID PRODUCTS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About M&J AIRLAID PRODUCTS A/S
M&J AIRLAID PRODUCTS A/S (CVR number: 30726235) is a company from HORSENS. The company recorded a gross profit of 16.5 mDKK in 2023. The operating profit was 4041 kDKK, while net earnings were 3565.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.9 %, which can be considered excellent and Return on Equity (ROE) was 25 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 54.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. M&J AIRLAID PRODUCTS A/S's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 82 943.42 | 630 083.28 | 14 778.95 | 14 112.21 | 16 458.94 |
EBIT | 73 426.96 | 620 397.77 | 2 587.04 | 3 552.04 | 4 040.99 |
Net earnings | 57 733.18 | 483 874.02 | 1 981.20 | 2 484.14 | 3 565.29 |
Shareholders equity total | 119 130.26 | 23 004.28 | 14 985.49 | 12 469.62 | 16 034.91 |
Balance sheet total (assets) | 124 922.89 | 30 639.35 | 21 596.16 | 21 722.11 | 29 273.67 |
Net debt | -27 618.61 | 442.52 | 563.63 | 4 707.26 | 9 544.37 |
Profitability | |||||
EBIT-% | |||||
ROA | 75.8 % | 797.7 % | 10.6 % | 16.9 % | 18.9 % |
ROE | 64.0 % | 680.9 % | 10.4 % | 18.1 % | 25.0 % |
ROI | 79.4 % | 843.3 % | 11.8 % | 20.1 % | 22.1 % |
Economic value added (EVA) | 55 088.27 | 479 311.60 | 1 055.17 | 2 153.06 | 2 293.28 |
Solvency | |||||
Equity ratio | 95.4 % | 75.1 % | 69.4 % | 57.4 % | 54.8 % |
Gearing | 19.2 % | 21.8 % | 41.2 % | 61.3 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 20.2 | 3.1 | 1.9 | 0.8 | 0.5 |
Current ratio | 21.0 | 3.9 | 3.1 | 1.7 | 1.6 |
Cash and cash equivalents | 27 618.61 | 3 982.47 | 2 701.37 | 428.10 | 280.53 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | AAA | AAA | AAA |
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