MAX & MARTIN SPIL ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MAX & MARTIN SPIL ApS
MAX & MARTIN SPIL ApS (CVR number: 33080549) is a company from FREDERIKSSUND. The company recorded a gross profit of -395.5 kDKK in 2023. The operating profit was -395.5 kDKK, while net earnings were -308.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -147.6 %, which can be considered poor and Return on Equity (ROE) was -169.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 31.4 %, 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. MAX & MARTIN SPIL ApS's liquidity measured by quick ratio was 12.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 100.00 | 129.00 | 69.00 | 144.90 | - 395.54 |
EBIT | - 255.00 | 129.00 | 69.00 | 144.90 | - 395.54 |
Net earnings | - 236.00 | 73.00 | 59.00 | 114.52 | - 308.20 |
Shareholders equity total | - 654.00 | 170.00 | 221.00 | 335.65 | 27.46 |
Balance sheet total (assets) | 1 426.00 | 927.00 | 526.00 | 448.31 | 87.55 |
Net debt | 2 006.00 | 539.00 | 227.00 | 71.70 | 52.44 |
Profitability | |||||
EBIT-% | |||||
ROA | -12.1 % | 8.6 % | 9.5 % | 29.7 % | -147.6 % |
ROE | -15.0 % | 9.1 % | 30.2 % | 41.1 % | -169.8 % |
ROI | -12.3 % | 9.5 % | 11.9 % | 33.8 % | -161.6 % |
Economic value added (EVA) | - 165.25 | 156.63 | 55.47 | 101.97 | - 325.33 |
Solvency | |||||
Equity ratio | -31.4 % | 18.3 % | 42.0 % | 74.9 % | 31.4 % |
Gearing | -306.7 % | 317.1 % | 103.2 % | 21.9 % | 193.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.5 | 1.0 | 1.7 | 4.0 | 12.5 |
Current ratio | 0.5 | 1.0 | 1.7 | 4.0 | 12.5 |
Cash and cash equivalents | 1.00 | 1.66 | 0.64 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | BB | BB | BB | BB |
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