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

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

Company information

Official name
M&J AIRLAID PRODUCTS A/S
Personnel
27 persons
Established
2007
Company form
Limited company
Industry

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 19.8 mDKK in 2024. The operating profit was 5196.1 kDKK, while net earnings were 3847.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17 %, which can be considered excellent and Return on Equity (ROE) was 23.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 49.1 %, 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 0.6 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit630 083.2814 778.9514 112.2116 458.9419 791.20
EBIT620 397.772 587.043 552.044 040.995 196.06
Net earnings483 874.021 981.202 484.143 565.293 847.77
Shareholders equity total23 004.2814 985.4912 469.6216 034.9116 382.68
Balance sheet total (assets)30 639.3521 596.1621 722.1129 273.6733 336.47
Net debt442.52563.634 707.269 544.3711 242.83
Profitability
EBIT-%
ROA797.7 %10.6 %16.9 %18.9 %17.0 %
ROE680.9 %10.4 %18.1 %25.0 %23.7 %
ROI843.3 %11.8 %20.1 %22.1 %19.5 %
Economic value added (EVA)477 923.76632.691 853.252 264.962 741.35
Solvency
Equity ratio75.1 %69.4 %57.4 %54.8 %49.1 %
Gearing19.2 %21.8 %41.2 %61.3 %72.3 %
Relative net indebtedness %
Liquidity
Quick ratio3.11.90.80.50.6
Current ratio3.93.11.71.61.3
Cash and cash equivalents3 982.472 701.37428.10280.53606.07
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBAAAA

Variable visualization

ROA:17.0%
Rating: 69/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:49.1%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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