M&J AIRLAID PRODUCTS A/S — Credit Rating and Financial Key Figures

CVR number: 30726235
Vejlevej 3, 8700 Horsens
tel: 75646200

Credit rating

Company information

Official name
M&J AIRLAID PRODUCTS A/S
Personnel
17 persons
Established
2007
Company form
Limited company
Industry
  • Expand more icon17Manufacture of paper and paper products

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit82 943.42630 083.2814 778.9514 112.2116 458.94
EBIT73 426.96620 397.772 587.043 552.044 040.99
Net earnings57 733.18483 874.021 981.202 484.143 565.29
Shareholders equity total119 130.2623 004.2814 985.4912 469.6216 034.91
Balance sheet total (assets)124 922.8930 639.3521 596.1621 722.1129 273.67
Net debt-27 618.61442.52563.634 707.269 544.37
Profitability
EBIT-%
ROA75.8 %797.7 %10.6 %16.9 %18.9 %
ROE64.0 %680.9 %10.4 %18.1 %25.0 %
ROI79.4 %843.3 %11.8 %20.1 %22.1 %
Economic value added (EVA)55 088.27479 311.601 055.172 153.062 293.28
Solvency
Equity ratio95.4 %75.1 %69.4 %57.4 %54.8 %
Gearing19.2 %21.8 %41.2 %61.3 %
Relative net indebtedness %
Liquidity
Quick ratio20.23.11.90.80.5
Current ratio21.03.93.11.71.6
Cash and cash equivalents27 618.613 982.472 701.37428.10280.53
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBAAAAAAAAA

Variable visualization

ROA:18.9%
Rating: 72/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:54.8%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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