MASKINVÆRKSTEDET ApS — Credit Rating and Financial Key Figures

CVR number: 21403008
Piitarsuup Aqq 1, 3953 Qeqertarsuaq

Company information

Official name
MASKINVÆRKSTEDET ApS
Established
1998
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit6 821.356 663.647 385.183 570.622 632.06
EBIT1 257.07836.452 380.45568.03- 320.35
Net earnings711.28667.821 748.56847.92- 256.12
Shareholders equity total10 275.4910 943.3112 691.8613 539.7913 283.67
Balance sheet total (assets)16 641.0516 991.3821 462.8118 529.6616 960.48
Net debt1 379.72- 562.80-1 849.66-5 001.60-7 716.18
Profitability
EBIT-%
ROA8.0 %6.0 %13.1 %6.4 %-1.1 %
ROE7.2 %6.3 %14.8 %6.5 %-1.9 %
ROI9.0 %6.5 %14.2 %6.8 %-1.1 %
Economic value added (EVA)238.70- 108.60989.75- 564.07-1 145.05
Solvency
Equity ratio61.7 %64.4 %59.1 %73.1 %78.3 %
Gearing40.5 %36.9 %44.2 %20.5 %13.4 %
Relative net indebtedness %
Liquidity
Quick ratio4.35.85.417.713.6
Current ratio4.86.56.017.713.6
Cash and cash equivalents2 785.894 600.377 462.877 771.869 496.51
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:-1.09%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:78.3%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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