Maabjerg Biogas A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Maabjerg Biogas A/S
Maabjerg Biogas A/S (CVR number: 32266266) is a company from HOLSTEBRO. The company reported a net sales of 138.2 mDKK in 2023, demonstrating a growth of 16.1 % compared to the previous year. The operating profit percentage was at 37.7 % (EBIT: 52.1 mDKK), while net earnings were 38 mDKK. The profitability of the company measured by Return on Assets (ROA) was 14.7 %, which can be considered good but Return on Equity (ROE) was 41.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 27.5 %, 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. Maabjerg Biogas A/S's liquidity measured by quick ratio was 0.7 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 82.44 | 93.74 | 95.75 | 119.04 | 138.24 |
Gross profit | 12.43 | 23.69 | 10.97 | 12.50 | 52.98 |
EBIT | 12.43 | 22.81 | 10.19 | 11.52 | 52.13 |
Net earnings | 0.50 | 5.72 | 2.05 | 4.02 | 38.02 |
Shareholders equity total | 59.92 | 65.65 | 67.69 | 71.72 | 109.73 |
Balance sheet total (assets) | 382.06 | 386.21 | 358.86 | 347.34 | 399.41 |
Net debt | 110.31 | 256.63 | |||
Profitability | |||||
EBIT-% | 15.1 % | 24.3 % | 10.6 % | 9.7 % | 37.7 % |
ROA | 3.1 % | 5.9 % | 2.7 % | 3.3 % | 14.7 % |
ROE | 0.8 % | 9.1 % | 3.1 % | 5.8 % | 41.9 % |
ROI | 3.3 % | 5.9 % | 2.7 % | 3.8 % | 16.9 % |
Economic value added (EVA) | -0.66 | 19.80 | 6.89 | 5.58 | 32.52 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 20.6 % | 27.5 % |
Gearing | 254.8 % | 235.9 % | |||
Relative net indebtedness % | 162.4 % | 194.3 % | |||
Liquidity | |||||
Quick ratio | 1.2 | 0.7 | |||
Current ratio | 1.2 | 0.7 | |||
Cash and cash equivalents | 72.42 | 2.22 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 50.6 | 35.0 | |||
Net working capital % | 14.7 % | -59.2 % | |||
Credit risk | |||||
Credit rating | BBB | A | A | AA | AAA |
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