MASKINLAND A/S — Credit Rating and Financial Key Figures

CVR number: 18072343
Grindsted Landevej 26, Loft 7200 Grindsted
grindsted@maskinland.dk
tel: 75251456
www.maskinland.dk

Credit rating

Company information

Official name
MASKINLAND A/S
Personnel
21 persons
Established
1994
Domicile
Loft
Company form
Limited company
Industry

About MASKINLAND A/S

MASKINLAND A/S (CVR number: 18072343) is a company from BILLUND. The company recorded a gross profit of 14 mDKK in 2022. The operating profit was 3132.5 kDKK, while net earnings were 642.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.7 %, which can be considered decent but Return on Equity (ROE) was 9.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 11.1 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. MASKINLAND A/S's liquidity measured by quick ratio was 0.2 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit10 639.9013 406.5510 081.3411 548.1813 977.68
EBIT1 101.222 654.542 231.68629.823 132.49
Net earnings- 971.74297.66692.19-1 280.76642.47
Shareholders equity total-2 113.185 184.485 876.666 310.326 952.79
Balance sheet total (assets)41 116.3352 719.8656 734.2151 104.0762 410.11
Net debt22 235.5422 551.2926 098.8126 058.2324 459.63
Profitability
EBIT-%
ROA2.4 %5.6 %4.2 %1.4 %5.7 %
ROE-2.5 %1.3 %12.5 %-21.0 %9.7 %
ROI3.9 %9.7 %6.5 %2.0 %9.2 %
Economic value added (EVA)848.151 966.011 575.94187.031 854.59
Solvency
Equity ratio-4.9 %9.8 %10.4 %12.3 %11.1 %
Gearing-1055.1 %436.5 %445.2 %414.0 %353.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.20.20.10.2
Current ratio0.91.21.21.21.1
Cash and cash equivalents59.7476.4365.0065.7082.45
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBBBB

Variable visualization

ROA:5.68%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:11.1%
Rating: 11/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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