MAS-HØVIK A/S — Credit Rating and Financial Key Figures

CVR number: 16580597
Grithsvej 24, 2791 Dragør
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Company information

Official name
MAS-HØVIK A/S
Personnel
16 persons
Established
1992
Company form
Limited company
Industry

About MAS-HØVIK A/S

MAS-HØVIK A/S (CVR number: 16580597) is a company from DRAGØR. The company recorded a gross profit of 16.9 mDKK in 2024. The operating profit was 6968.6 kDKK, while net earnings were 5854 kDKK. The profitability of the company measured by Return on Assets (ROA) was 25.1 %, which can be considered excellent and Return on Equity (ROE) was 28.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 79.1 %, 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. MAS-HØVIK A/S's liquidity measured by quick ratio was 3.2 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit13 658.0013 274.6517 633.8020 095.2816 863.52
EBIT5 219.824 726.298 183.2910 774.916 968.56
Net earnings3 705.243 615.206 265.808 275.135 853.96
Shareholders equity total16 032.7714 647.9716 913.7720 188.9021 042.86
Balance sheet total (assets)23 173.0524 678.5232 836.9928 700.3828 210.50
Net debt-9 228.42-7 544.7462.24-7 613.81-1 016.32
Profitability
EBIT-%
ROA21.4 %19.8 %28.5 %35.2 %25.1 %
ROE21.0 %23.6 %39.7 %44.6 %28.4 %
ROI29.5 %30.7 %46.7 %51.2 %31.9 %
Economic value added (EVA)2 745.742 848.695 609.457 348.544 297.84
Solvency
Equity ratio69.2 %59.4 %51.5 %72.5 %79.1 %
Gearing20.3 %4.4 %2.2 %
Relative net indebtedness %
Liquidity
Quick ratio2.21.61.32.63.2
Current ratio2.72.11.93.43.6
Cash and cash equivalents9 228.427 544.743 379.508 509.991 472.16
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:25.1%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:79.1%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

Companies in the same industry

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