MASKINSELSKABET ApS — Credit Rating and Financial Key Figures

CVR number: 29402930
Dronningborg Boulevard 81, 8930 Randers NØ
Free credit report

Credit rating

Company information

Official name
MASKINSELSKABET ApS
Personnel
1 person
Established
2006
Company form
Private limited company
Industry

About MASKINSELSKABET ApS

MASKINSELSKABET ApS (CVR number: 29402930) is a company from RANDERS. The company recorded a gross profit of 33.9 kDKK in 2023. The operating profit was -813.3 kDKK, while net earnings were -608.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.9 %, which can be considered poor and Return on Equity (ROE) was -13.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 14.5 %, 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. MASKINSELSKABET ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit407.78339.661 442.613 462.8733.92
EBIT- 372.81- 321.97867.792 780.18- 813.30
Net earnings- 677.68- 672.86868.291 970.49- 608.51
Shareholders equity total730.432 057.572 925.864 896.354 287.84
Balance sheet total (assets)20 626.9922 873.6625 891.6833 739.2629 630.50
Net debt19 672.0620 558.0120 956.964 077.505 326.66
Profitability
EBIT-%
ROA-1.8 %-1.5 %3.6 %9.7 %-1.9 %
ROE-63.4 %-48.3 %34.8 %50.4 %-13.3 %
ROI-1.8 %-1.5 %3.6 %12.4 %-3.5 %
Economic value added (EVA)- 873.74- 792.3780.171 669.97- 673.22
Solvency
Equity ratio3.5 %9.0 %11.3 %14.5 %14.5 %
Gearing2700.1 %1000.2 %760.3 %333.4 %212.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.30.60.6
Current ratio0.10.10.30.70.6
Cash and cash equivalents50.5722.401 288.0012 246.223 761.67
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAABBB

Variable visualization

ROA:-1.89%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:14.5%
Rating: 14/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

CreditReports API
  • Company information
  • Financial data
  • Credit risk data
  • All 400,000+ Danish companies

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.