MAXINNO ApS — Credit Rating and Financial Key Figures

CVR number: 21641480
Ahornvej 15, 8240 Risskov

Credit rating

Company information

Official name
MAXINNO ApS
Established
1999
Company form
Private limited company
Industry

About MAXINNO ApS

MAXINNO ApS (CVR number: 21641480) is a company from AARHUS. The company recorded a gross profit of 48.8 kDKK in 2023. The operating profit was 48.8 kDKK, while net earnings were -205 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.6 %, which can be considered weak but Return on Equity (ROE) was -14.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 16.1 %, 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. MAXINNO 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-39.69-18.47-47.6421.8248.81
EBIT-39.69-18.47-47.6421.8248.81
Net earnings- 302.06- 769.87- 441.50- 136.76- 204.98
Shareholders equity total-1 258.572 127.831 686.341 549.581 344.60
Balance sheet total (assets)4 569.398 298.908 019.768 249.528 366.57
Net debt477.341 525.562 522.735 855.856 417.09
Profitability
EBIT-%
ROA2.4 %-0.0 %-0.2 %1.7 %0.6 %
ROE-6.6 %-23.0 %-23.2 %-8.5 %-14.2 %
ROI6.0 %-0.0 %-0.3 %2.0 %0.6 %
Economic value added (EVA)218.88255.20237.70305.73323.97
Solvency
Equity ratio-21.6 %25.6 %21.0 %18.8 %16.1 %
Gearing-207.4 %146.7 %217.0 %430.5 %519.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.30.30.30.3
Current ratio0.40.30.30.30.3
Cash and cash equivalents2 132.851 595.221 135.79814.48562.38
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:0.59%
Rating: 23/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:16.1%
Rating: 16/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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