MARES ApS — Credit Rating and Financial Key Figures

CVR number: 14951148
Rugvænget 9, 4200 Slagelse
tel: 58521164

Credit rating

Company information

Official name
MARES ApS
Personnel
66 persons
Established
1991
Company form
Private limited company
Industry

About MARES ApS

MARES ApS (CVR number: 14951148) is a company from SLAGELSE. The company recorded a gross profit of 22.4 mDKK in 2023. The operating profit was 7607.9 kDKK, while net earnings were 12.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 16.3 %, which can be considered excellent and Return on Equity (ROE) was 20.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 75.5 %, 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. MARES ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit13 427.2219 309.3126 108.0626 808.4122 375.50
EBIT2 366.918 592.8713 935.8412 340.857 607.95
Net earnings4 925.3210 627.7225 347.1715 622.7012 218.17
Shareholders equity total82 163.0334 836.6452 147.8653 001.9865 179.54
Balance sheet total (assets)93 052.9858 656.2174 002.6482 172.5887 885.92
Net debt-3 144.30-3 331.72-7 178.0318 461.96-5 397.52
Profitability
EBIT-%
ROA6.1 %16.5 %43.0 %23.7 %16.3 %
ROE6.0 %18.2 %58.3 %29.7 %20.7 %
ROI6.8 %19.0 %50.8 %27.3 %20.0 %
Economic value added (EVA)730.054 590.9911 147.8910 331.945 304.40
Solvency
Equity ratio88.3 %60.4 %71.9 %65.8 %75.5 %
Gearing0.1 %39.6 %20.5 %36.0 %1.8 %
Relative net indebtedness %
Liquidity
Quick ratio4.71.21.00.51.0
Current ratio6.21.71.91.82.6
Cash and cash equivalents3 265.0117 125.8017 855.14644.166 593.23
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAAAA

Variable visualization

ROA:16.3%
Rating: 68/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:75.5%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

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