MARIAGER EJENDOMSSELSKAB A/S — Credit Rating and Financial Key Figures

CVR number: 10872499
Søndergade 48, Assens 9550 Mariager

Credit rating

Company information

Official name
MARIAGER EJENDOMSSELSKAB A/S
Established
1987
Domicile
Assens
Company form
Limited company
Industry

About MARIAGER EJENDOMSSELSKAB A/S

MARIAGER EJENDOMSSELSKAB A/S (CVR number: 10872499) is a company from MARIAGERFJORD. The company recorded a gross profit of 237.9 kDKK in 2023. The operating profit was 150.4 kDKK, while net earnings were 58.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4 %, which can be considered weak but Return on Equity (ROE) was 6.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 22.9 %, 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. MARIAGER EJENDOMSSELSKAB A/S's liquidity measured by quick ratio was 0 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit381.45299.62380.72285.26237.93
EBIT293.96212.13293.23197.78150.45
Net earnings154.6293.23161.8891.2158.51
Shareholders equity total954.62893.23961.88891.21858.51
Balance sheet total (assets)4 105.424 000.313 945.133 833.053 743.64
Net debt2 954.682 892.942 737.902 755.802 695.79
Profitability
EBIT-%
ROA6.4 %5.2 %7.4 %5.1 %4.0 %
ROE10.3 %10.1 %17.5 %9.8 %6.7 %
ROI6.7 %5.4 %7.6 %5.2 %4.0 %
Economic value added (EVA)42.09-1.8770.240.27-27.31
Solvency
Equity ratio23.3 %22.3 %24.4 %23.3 %22.9 %
Gearing313.4 %326.0 %289.0 %311.4 %316.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.00.10.00.0
Current ratio0.10.00.10.00.0
Cash and cash equivalents36.9919.3542.1419.0523.47
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBABBBBBB

Variable visualization

ROA:3.97%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:22.9%
Rating: 21/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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