MBL DENMARK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About MBL DENMARK A/S
MBL DENMARK A/S (CVR number: 27386598K) is a company from SILKEBORG. The company reported a net sales of 65.8 mEUR in 2019, demonstrating a growth of 12.6 % compared to the previous year. The operating profit percentage was at 12.6 % (EBIT: 8.3 mEUR), while net earnings were 4856 kEUR. The profitability of the company measured by Return on Assets (ROA) was 22.4 %, which can be considered excellent and Return on Equity (ROE) was 96.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 43.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. MBL DENMARK A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.
Financial information
See financialsNet sales (mEUR)
EBIT (mEUR)
Profitability
Solidity
Key figures (mEUR)
See financials2016 | 2017 | 2018 | 2019 | |
---|---|---|---|---|
Volume | ||||
Net sales | 44.71 | 48.15 | 58.38 | 65.76 |
Gross profit | 7.55 | 8.11 | 11.79 | 17.13 |
EBIT | -1.65 | 1.65 | 4.38 | 8.30 |
Net earnings | -3.58 | -1.12 | 1.73 | 4.86 |
Shareholders equity total | -0.20 | 1.13 | 2.96 | 7.05 |
Balance sheet total (assets) | 32.68 | 35.07 | 38.21 | 43.43 |
Net debt | 18.51 | 18.49 | 17.81 | 13.01 |
Profitability | ||||
EBIT-% | -3.7 % | 3.4 % | 7.5 % | 12.6 % |
ROA | -1.6 % | 5.9 % | 14.4 % | 22.4 % |
ROE | -11.0 % | -6.6 % | 84.6 % | 96.9 % |
ROI | -2.4 % | 8.8 % | 22.0 % | 35.5 % |
Economic value added (EVA) | -1.71 | 1.82 | 3.43 | 6.16 |
Solvency | ||||
Equity ratio | 34.4 % | 34.6 % | 38.1 % | 43.2 % |
Gearing | -9799.0 % | 1799.2 % | 686.0 % | 257.1 % |
Relative net indebtedness % | 70.5 % | 64.8 % | 54.3 % | 46.0 % |
Liquidity | ||||
Quick ratio | 0.7 | 0.7 | 0.8 | 0.9 |
Current ratio | 1.0 | 1.1 | 1.1 | 1.2 |
Cash and cash equivalents | 0.69 | 1.86 | 2.52 | 5.13 |
Capital use efficiency | ||||
Trade debtors turnover (days) | 60.9 | 58.8 | 66.3 | 69.4 |
Net working capital % | -0.0 % | 2.5 % | 4.6 % | 6.6 % |
Credit risk | ||||
Credit rating | BBB | BBB | A | A |
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