MAC BAREN TOBACCO COMPANY A/S — Credit Rating and Financial Key Figures

CVR number: 88212215
Porthusvej 100, 5700 Svendborg
tel: 62216694

Credit rating

Company information

Official name
MAC BAREN TOBACCO COMPANY A/S
Personnel
184 persons
Established
1979
Company form
Limited company
Industry
  • Expand more icon12Manufacture of tobacco products

About MAC BAREN TOBACCO COMPANY A/S

MAC BAREN TOBACCO COMPANY A/S (CVR number: 88212215) is a company from SVENDBORG. The company reported a net sales of 507.2 mDKK in 2023, demonstrating a decline of -9.6 % compared to the previous year. The operating profit percentage was poor at -1.8 % (EBIT: -9.3 mDKK), while net earnings were 14.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 1.5 %, which can be considered weak and Return on Equity (ROE) was 2.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 83.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MAC BAREN TOBACCO COMPANY A/S's liquidity measured by quick ratio was 1.8 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales422.60475.32481.22561.16507.24
Gross profit115.60147.38163.94186.31159.49
EBIT18.7140.2424.4633.81-9.29
Net earnings13.7926.7318.0724.1014.73
Shareholders equity total211.09232.84642.63643.42654.30
Balance sheet total (assets)712.87714.37792.68863.01787.09
Net debt386.88353.53-22.0851.0618.93
Profitability
EBIT-%4.4 %8.5 %5.1 %6.0 %-1.8 %
ROA3.4 %6.1 %3.8 %3.8 %1.5 %
ROE6.8 %12.0 %4.1 %3.7 %2.3 %
ROI3.9 %7.0 %4.3 %4.2 %1.7 %
Economic value added (EVA)7.8924.9711.954.16-30.12
Solvency
Equity ratio29.6 %32.6 %81.1 %74.6 %83.1 %
Gearing188.2 %161.3 %4.2 %17.7 %4.9 %
Relative net indebtedness %111.6 %91.4 %14.8 %23.1 %18.6 %
Liquidity
Quick ratio0.40.41.51.21.8
Current ratio0.70.93.62.53.4
Cash and cash equivalents10.4022.1249.1162.5813.38
Capital use efficiency
Trade debtors turnover (days)125.291.577.973.885.1
Net working capital %-29.0 %-10.4 %65.9 %51.9 %52.0 %
Credit risk
Credit ratingAAAAAAAAAAAAAA

Variable visualization

ROA:1.53%
Rating: 28/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:83.1%
Rating: 62/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer
Board member

Companies in the same industry

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