M.K. Engineering ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About M.K. Engineering ApS
M.K. Engineering ApS (CVR number: 40774327) is a company from KOLDING. The company recorded a gross profit of 542.3 kDKK in 2024. The operating profit was -8.1 kDKK, while net earnings were -7.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.2 %, which can be considered poor and Return on Equity (ROE) was -8.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 42.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. M.K. Engineering ApS's liquidity measured by quick ratio was 1.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 618.15 | 490.28 | 357.80 | 140.57 | 542.32 |
EBIT | 3.28 | 73.88 | 38.76 | 24.00 | -8.11 |
Net earnings | 1.59 | 56.17 | 28.46 | 16.16 | -7.58 |
Shareholders equity total | 41.59 | 97.76 | 76.22 | 92.38 | 84.80 |
Balance sheet total (assets) | 140.36 | 240.31 | 137.40 | 160.01 | 199.11 |
Net debt | - 138.07 | -79.49 | - 137.40 | -68.50 | -60.27 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.3 % | 38.8 % | 20.5 % | 16.2 % | -4.2 % |
ROE | 3.8 % | 80.6 % | 32.7 % | 19.2 % | -8.6 % |
ROI | 7.5 % | 104.3 % | 44.6 % | 28.6 % | -8.2 % |
Economic value added (EVA) | 3.28 | 54.01 | 23.55 | 12.42 | -12.76 |
Solvency | |||||
Equity ratio | 29.6 % | 40.7 % | 55.5 % | 57.7 % | 42.6 % |
Gearing | 5.5 % | 0.2 % | 9.6 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.4 | 1.7 | 2.2 | 2.5 | 1.7 |
Current ratio | 1.4 | 1.7 | 2.2 | 2.5 | 1.7 |
Cash and cash equivalents | 140.36 | 79.49 | 137.40 | 68.72 | 68.45 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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