MASKINVÆRKSTEDET ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MASKINVÆRKSTEDET ApS
MASKINVÆRKSTEDET ApS (CVR number: 21403008) is a company from QEQERTALIK. The company recorded a gross profit of 2632.1 kDKK in 2024. The operating profit was -320.4 kDKK, while net earnings were -256.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.1 %, which can be considered poor and Return on Equity (ROE) was -1.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 78.3 %, 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. MASKINVÆRKSTEDET ApS's liquidity measured by quick ratio was 13.6 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 | |||||
Gross profit | 6 821.35 | 6 663.64 | 7 385.18 | 3 570.62 | 2 632.06 |
EBIT | 1 257.07 | 836.45 | 2 380.45 | 568.03 | - 320.35 |
Net earnings | 711.28 | 667.82 | 1 748.56 | 847.92 | - 256.12 |
Shareholders equity total | 10 275.49 | 10 943.31 | 12 691.86 | 13 539.79 | 13 283.67 |
Balance sheet total (assets) | 16 641.05 | 16 991.38 | 21 462.81 | 18 529.66 | 16 960.48 |
Net debt | 1 379.72 | - 562.80 | -1 849.66 | -5 001.60 | -7 716.18 |
Profitability | |||||
EBIT-% | |||||
ROA | 8.0 % | 6.0 % | 13.1 % | 6.4 % | -1.1 % |
ROE | 7.2 % | 6.3 % | 14.8 % | 6.5 % | -1.9 % |
ROI | 9.0 % | 6.5 % | 14.2 % | 6.8 % | -1.1 % |
Economic value added (EVA) | 238.70 | - 108.60 | 989.75 | - 564.07 | -1 145.05 |
Solvency | |||||
Equity ratio | 61.7 % | 64.4 % | 59.1 % | 73.1 % | 78.3 % |
Gearing | 40.5 % | 36.9 % | 44.2 % | 20.5 % | 13.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 4.3 | 5.8 | 5.4 | 17.7 | 13.6 |
Current ratio | 4.8 | 6.5 | 6.0 | 17.7 | 13.6 |
Cash and cash equivalents | 2 785.89 | 4 600.37 | 7 462.87 | 7 771.86 | 9 496.51 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | A |
Variable visualization
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