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

CVR number: 16580597
Grithsvej 24, 2791 Dragør

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 20.1 mDKK in 2023. The operating profit was 10.8 mDKK, while net earnings were 8275.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 35.2 %, which can be considered excellent and Return on Equity (ROE) was 44.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 70.3 %, 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 2.4 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit12 445.7813 658.0013 274.6517 633.8020 095.28
EBIT3 876.635 219.824 726.298 183.2910 774.91
Net earnings4 050.043 705.243 615.206 265.808 275.13
Shareholders equity total19 327.5316 032.7714 647.9716 913.7720 188.90
Balance sheet total (assets)25 643.1023 173.0524 678.5232 836.9928 700.38
Net debt-10 922.54-9 228.42-7 544.7462.24-7 613.81
Profitability
EBIT-%
ROA15.0 %21.4 %19.8 %28.5 %35.2 %
ROE21.2 %21.0 %23.6 %39.7 %44.6 %
ROI19.8 %29.5 %30.7 %46.7 %52.3 %
Economic value added (EVA)3 372.523 294.603 314.735 989.907 691.52
Solvency
Equity ratio75.4 %69.2 %59.4 %51.5 %70.3 %
Gearing20.3 %4.4 %
Relative net indebtedness %
Liquidity
Quick ratio2.62.21.61.32.4
Current ratio3.42.72.11.93.1
Cash and cash equivalents10 922.549 228.427 544.743 379.508 509.99
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAAAA

Variable visualization

ROA:35.2%
Rating: 86/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:70.3%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

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