Mand&bil ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Mand&bil ApS
Mand&bil ApS (CVR number: 41501650) is a company from ASSENS. The company reported a net sales of 1 mDKK in 2023, demonstrating a decline of -4.3 % compared to the previous year. The operating profit percentage was at 3.2 % (EBIT: 0 mDKK), while net earnings were 26 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.3 %, which can be considered good and Return on Equity (ROE) was 11.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 61.8 %, 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. Mand&bil ApS's liquidity measured by quick ratio was 2.3 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | 1 212.36 | 1 221.57 | 1 075.00 | 1 028.45 |
Gross profit | 768.08 | 804.43 | 560.23 | 503.17 |
EBIT | 91.66 | 9.50 | - 104.52 | 32.70 |
Net earnings | 70.75 | 4.06 | -83.25 | 26.03 |
Shareholders equity total | 411.53 | 302.58 | 219.33 | 245.36 |
Balance sheet total (assets) | 679.16 | 466.05 | 398.60 | 396.92 |
Net debt | - 422.55 | - 231.17 | -78.02 | -7.58 |
Profitability | ||||
EBIT-% | 7.6 % | 0.8 % | -9.7 % | 3.2 % |
ROA | 13.5 % | 1.7 % | -24.2 % | 8.3 % |
ROE | 17.2 % | 1.1 % | -31.9 % | 11.2 % |
ROI | 20.3 % | 2.5 % | -39.3 % | 14.3 % |
Economic value added (EVA) | 71.53 | -15.69 | -97.39 | 14.68 |
Solvency | ||||
Equity ratio | 60.6 % | 64.9 % | 55.0 % | 61.8 % |
Gearing | 4.9 % | |||
Relative net indebtedness % | -16.0 % | -6.4 % | 9.4 % | 14.0 % |
Liquidity | ||||
Quick ratio | 2.3 | 2.5 | 1.8 | 2.3 |
Current ratio | 2.3 | 2.5 | 1.8 | 2.3 |
Cash and cash equivalents | 442.53 | 231.17 | 78.02 | 7.58 |
Capital use efficiency | ||||
Trade debtors turnover (days) | 36.4 | 31.6 | 20.7 | 20.2 |
Net working capital % | 26.8 % | 18.6 % | 14.1 % | 19.2 % |
Credit risk | ||||
Credit rating | BBB | BBB | BBB | BBB |
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