M.ENGINES APS — Credit Rating and Financial Key Figures

CVR number: 39535025
Gyvelvej 2 A, 8464 Galten
mengines18@gmail.com
Free credit report Annual report

Company information

Official name
M.ENGINES APS
Personnel
1 person
Established
2018
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales123.09
Gross profit69.29166.7470.1037.1039.76
EBIT9.4616.06-22.91-15.24-1.88
Net earnings9.4615.49-23.81-15.41-2.15
Shareholders equity total54.0068.7844.9629.5627.40
Balance sheet total (assets)54.0086.3252.9139.2237.44
Net debt-50.00-85.25-49.16-32.72-30.95
Profitability
EBIT-%7.7 %
ROA17.8 %22.9 %-32.9 %-33.1 %-4.9 %
ROE17.8 %25.2 %-41.9 %-41.4 %-7.6 %
ROI17.8 %26.2 %-40.3 %-40.9 %-6.6 %
Economic value added (EVA)6.8313.35-26.36-17.50-3.37
Solvency
Equity ratio100.0 %79.7 %85.0 %75.4 %73.2 %
Gearing
Relative net indebtedness %-40.6 %
Liquidity
Quick ratio4.96.74.13.7
Current ratio4.96.74.13.7
Cash and cash equivalents50.0085.2549.1632.7230.95
Capital use efficiency
Trade debtors turnover (days)
Net working capital %40.6 %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:-4.90%
Rating: 15/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:73.2%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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