MowTECH ApS

CVR number: 84738913
Dagstrupvej 23, Dagstrup 8544 Mørke
lbb@landbrugsmaskiner.dk
tel: 86379268

Credit rating

Company information

Official name
MowTECH ApS
Established
1978
Domicile
Dagstrup
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About the company

MowTECH ApS (CVR number: 84738913) is a company from SYDDJURS. The company recorded a gross profit of -7.5 kDKK in 2023. The operating profit was -7.5 kDKK, while net earnings were 38.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.8 %, which can be considered good and Return on Equity (ROE) was 8.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 98.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MowTECH ApS's liquidity measured by quick ratio was 65.6 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
20192020202120222023
Volume
Net sales
Gross profit-6.94-5.81-6.00-6.25-7.50
EBIT-6.94-5.81-6.00-6.25-7.50
Net earnings1.5482.91-37.89-0.1438.63
Shareholders equity total388.82471.73433.84433.70472.33
Balance sheet total (assets)396.08479.74441.91441.73479.64
Net debt- 388.63- 472.01- 434.57- 420.85- 458.84
Profitability
EBIT-%
ROA2.6 %19.7 %-0.9 %0.7 %8.8 %
ROE0.4 %19.3 %-8.4 %-0.0 %8.5 %
ROI2.7 %19.9 %-0.9 %0.7 %9.0 %
Economic value added (EVA)-6.62-5.75-5.91-6.14-8.07
Solvency
Equity ratio98.2 %98.3 %98.2 %98.2 %98.5 %
Gearing0.4 %0.3 %0.3 %0.3 %0.3 %
Relative net indebtedness %
Liquidity
Quick ratio54.560.054.855.065.6
Current ratio54.560.054.855.065.6
Cash and cash equivalents390.08473.46436.02422.29460.29
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:8.85%
Rating: 54/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.5%
Rating: 80/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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