MARSØ PLAST A/S — Credit Rating and Financial Key Figures

CVR number: 32672167
Erritsø Møllebanke 11, Erritsø 7000 Fredericia

Credit rating

Company information

Official name
MARSØ PLAST A/S
Personnel
12 persons
Established
2010
Domicile
Erritsø
Company form
Limited company
Industry
  • Expand more icon22Manufacture of rubber and plastic products

About MARSØ PLAST A/S

MARSØ PLAST A/S (CVR number: 32672167) is a company from FREDERICIA. The company recorded a gross profit of 6989.6 kDKK in 2023. The operating profit was 639.7 kDKK, while net earnings were 369.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7 %, which can be considered decent but Return on Equity (ROE) was 14.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 30 %, 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. MARSØ PLAST A/S's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit1 287.006 411.009 150.008 389.006 989.59
EBIT- 820.00165.001 135.001 464.00639.65
Net earnings- 692.0070.00808.001 130.00369.31
Shareholders equity total1 308.001 378.002 450.002 980.002 219.32
Balance sheet total (assets)6 638.007 173.009 707.0011 019.007 393.77
Net debt2 139.002 244.002 559.004 894.002 198.13
Profitability
EBIT-%
ROA-10.3 %2.8 %14.3 %14.9 %7.0 %
ROE-25.0 %5.2 %42.2 %41.6 %14.2 %
ROI-13.8 %3.9 %21.5 %20.2 %9.0 %
Economic value added (EVA)- 850.3862.20817.481 025.81349.25
Solvency
Equity ratio19.7 %19.2 %25.2 %27.0 %30.0 %
Gearing165.1 %165.0 %109.7 %164.7 %99.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.91.01.01.11.0
Current ratio1.11.21.21.31.4
Cash and cash equivalents20.0030.00128.0015.0013.65
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:6.97%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:30.0%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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