M.ENGINES APS — Credit Rating and Financial Key Figures
Credit rating
Company information
About M.ENGINES APS
M.ENGINES APS (CVR number: 39535025) is a company from SKANDERBORG. The company recorded a gross profit of 39.8 kDKK in 2024. The operating profit was -1.9 kDKK, while net earnings were -2.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.9 %, which can be considered poor and Return on Equity (ROE) was -7.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 73.2 %, 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. M.ENGINES APS's liquidity measured by quick ratio was 3.7 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 123.09 | ||||
Gross profit | 69.29 | 166.74 | 70.10 | 37.10 | 39.76 |
EBIT | 9.46 | 16.06 | -22.91 | -15.24 | -1.88 |
Net earnings | 9.46 | 15.49 | -23.81 | -15.41 | -2.15 |
Shareholders equity total | 54.00 | 68.78 | 44.96 | 29.56 | 27.40 |
Balance sheet total (assets) | 54.00 | 86.32 | 52.91 | 39.22 | 37.44 |
Net debt | -50.00 | -85.25 | -49.16 | -32.72 | -30.95 |
Profitability | |||||
EBIT-% | 7.7 % | ||||
ROA | 17.8 % | 22.9 % | -32.9 % | -33.1 % | -4.9 % |
ROE | 17.8 % | 25.2 % | -41.9 % | -41.4 % | -7.6 % |
ROI | 17.8 % | 26.2 % | -40.3 % | -40.9 % | -6.6 % |
Economic value added (EVA) | 6.83 | 13.35 | -26.36 | -17.50 | -3.37 |
Solvency | |||||
Equity ratio | 100.0 % | 79.7 % | 85.0 % | 75.4 % | 73.2 % |
Gearing | |||||
Relative net indebtedness % | -40.6 % | ||||
Liquidity | |||||
Quick ratio | 4.9 | 6.7 | 4.1 | 3.7 | |
Current ratio | 4.9 | 6.7 | 4.1 | 3.7 | |
Cash and cash equivalents | 50.00 | 85.25 | 49.16 | 32.72 | 30.95 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 40.6 % | ||||
Credit risk | |||||
Credit rating | B | BB | BB | BB | BB |
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