Mammen Mejerierne A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Mammen Mejerierne A/S
Mammen Mejerierne A/S (CVR number: 69980015K) is a company from VIBORG. The company reported a net sales of 1859.5 mDKK in 2024, demonstrating a growth of 1 % compared to the previous year. The operating profit percentage was at 3.7 % (EBIT: 69.2 mDKK), while net earnings were 47.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 11.3 %, which can be considered good but Return on Equity (ROE) was 20.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 39.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Mammen Mejerierne A/S'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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 106.57 | 1 224.04 | 1 682.31 | 1 840.62 | 1 859.54 |
Gross profit | 187.37 | 183.37 | 211.26 | 278.39 | 318.09 |
EBIT | 20.01 | 16.79 | 22.54 | 60.49 | 69.16 |
Net earnings | 13.14 | 11.16 | 13.64 | 40.28 | 47.94 |
Shareholders equity total | 172.14 | 187.39 | 197.03 | 228.09 | 261.12 |
Balance sheet total (assets) | 369.72 | 463.86 | 575.52 | 565.68 | 669.26 |
Net debt | 74.93 | 105.41 | 91.58 | 6.33 | 141.73 |
Profitability | |||||
EBIT-% | 1.8 % | 1.4 % | 1.3 % | 3.3 % | 3.7 % |
ROA | 5.2 % | 4.0 % | 4.4 % | 10.7 % | 11.3 % |
ROE | 7.8 % | 6.4 % | 7.5 % | 19.8 % | 20.1 % |
ROI | 6.8 % | 5.6 % | 6.9 % | 19.8 % | 19.3 % |
Economic value added (EVA) | 0.01 | -0.18 | 1.67 | 30.24 | 38.37 |
Solvency | |||||
Equity ratio | 46.6 % | 40.4 % | 34.2 % | 40.8 % | 39.2 % |
Gearing | 43.8 % | 58.7 % | 50.9 % | 13.8 % | 57.7 % |
Relative net indebtedness % | 16.9 % | 21.3 % | 21.3 % | 16.3 % | 20.8 % |
Liquidity | |||||
Quick ratio | 0.7 | 0.7 | 0.7 | 0.8 | 0.6 |
Current ratio | 1.4 | 1.3 | 1.2 | 1.1 | 1.1 |
Cash and cash equivalents | 0.50 | 4.57 | 8.73 | 25.16 | 8.90 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 27.5 | 36.2 | 42.6 | 35.6 | 39.3 |
Net working capital % | 5.1 % | 4.6 % | 3.4 % | 2.1 % | 1.8 % |
Credit risk | |||||
Credit rating | AAA | AAA | AA | AA | AAA |
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