MSB ApS — Credit Rating and Financial Key Figures

CVR number: 76382611
Strandvejen 32, 7120 Vejle Øst

Company information

Official name
MSB ApS
Established
1984
Company form
Private limited company
Industry

About MSB ApS

MSB ApS (CVR number: 76382611) is a company from VEJLE. The company reported a net sales of 0.7 mDKK in 2023, demonstrating a decline of -52.5 % compared to the previous year. The operating profit percentage was at 95.8 % (EBIT: 0.7 mDKK), while net earnings were 2109.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.9 %, which can be considered decent and Return on Equity (ROE) was 7.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 64.3 %, 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. MSB ApS's liquidity measured by quick ratio was 0.3 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales1 896.471 266.621 362.941 442.60684.67
Gross profit1 877.611 245.911 336.571 416.73655.88
EBIT1 877.611 245.911 336.571 416.73655.88
Net earnings793.412 459.57-78.461 440.632 109.10
Shareholders equity total23 639.2925 990.0425 800.4027 128.4729 121.67
Balance sheet total (assets)42 798.8545 052.2842 797.6043 961.6645 256.25
Net debt15 688.4416 037.2214 413.5513 694.7612 610.61
Profitability
EBIT-%99.0 %98.4 %98.1 %98.2 %95.8 %
ROA5.0 %7.2 %4.8 %5.6 %6.9 %
ROE3.4 %9.9 %-0.3 %5.4 %7.5 %
ROI5.2 %7.4 %4.9 %5.7 %7.0 %
Economic value added (EVA)- 633.47- 949.13- 960.25-1 022.26-1 415.71
Solvency
Equity ratio55.2 %57.7 %60.3 %61.7 %64.3 %
Gearing67.0 %61.7 %55.9 %50.5 %43.8 %
Relative net indebtedness %915.2 %1355.8 %1110.5 %1001.1 %1947.6 %
Liquidity
Quick ratio0.10.00.10.10.3
Current ratio0.10.00.10.10.3
Cash and cash equivalents139.405.81144.39
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-116.6 %-235.6 %-133.0 %-111.6 %-151.7 %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:6.85%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:64.3%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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