MARIUS PEDERSEN A/S
Credit rating
Company information
About MARIUS PEDERSEN A/S
MARIUS PEDERSEN A/S (CVR number: 49979517) is a company from FAABORG-MIDTFYN. The company reported a net sales of 2164.3 mDKK in 2023, demonstrating a growth of 24.1 % compared to the previous year. The operating profit percentage was at 12.8 % (EBIT: 277.3 mDKK), while net earnings were 481.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 15.6 %, which can be considered excellent and Return on Equity (ROE) was 20.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 63.4 %, 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. MARIUS PEDERSEN A/S's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 231.24 | 1 230.08 | 1 505.54 | 1 743.52 | 2 164.31 |
Gross profit | 193.00 | 214.15 | 260.18 | 271.58 | 350.93 |
EBIT | 139.47 | 163.11 | 211.91 | 229.42 | 277.26 |
Net earnings | 253.89 | 327.71 | 449.11 | 430.43 | 481.40 |
Shareholders equity total | 1 430.27 | 1 559.67 | 1 898.01 | 2 193.38 | 2 590.85 |
Balance sheet total (assets) | 2 109.00 | 2 481.29 | 3 033.74 | 3 348.22 | 4 102.89 |
Net debt | 426.83 | 556.16 | 784.11 | 770.25 | 968.19 |
Profitability | |||||
EBIT-% | 11.3 % | 13.3 % | 14.1 % | 13.2 % | 12.8 % |
ROA | 14.3 % | 16.1 % | 18.3 % | 15.4 % | 15.6 % |
ROE | 18.4 % | 21.9 % | 26.0 % | 21.0 % | 20.1 % |
ROI | 15.8 % | 18.2 % | 20.5 % | 16.9 % | 17.3 % |
Economic value added (EVA) | 138.18 | 152.60 | 201.17 | 218.70 | 231.88 |
Solvency | |||||
Equity ratio | 67.8 % | 63.0 % | 62.6 % | 65.7 % | 63.4 % |
Gearing | 29.9 % | 35.7 % | 41.4 % | 35.4 % | 37.4 % |
Relative net indebtedness % | 51.5 % | 70.7 % | 71.1 % | 61.7 % | 66.2 % |
Liquidity | |||||
Quick ratio | 0.4 | 0.3 | 0.3 | 0.4 | 0.4 |
Current ratio | 0.4 | 0.3 | 0.3 | 0.4 | 0.4 |
Cash and cash equivalents | 1.07 | 0.12 | 2.28 | 7.03 | 0.29 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 56.8 | 57.3 | 51.6 | 57.2 | 57.7 |
Net working capital % | -31.6 % | -49.3 % | -46.4 % | -36.1 % | -32.2 % |
Credit risk | |||||
Credit rating | AA | A | AA | AA | AA |
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