MAC BAREN TOBACCO COMPANY A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 422.60 | 475.32 | 481.22 | 561.16 | 507.24 |
Gross profit | 115.60 | 147.38 | 163.94 | 186.31 | 159.49 |
EBIT | 18.71 | 40.24 | 24.46 | 33.81 | -9.29 |
Net earnings | 13.79 | 26.73 | 18.07 | 24.10 | 14.73 |
Shareholders equity total | 211.09 | 232.84 | 642.63 | 643.42 | 654.30 |
Balance sheet total (assets) | 712.87 | 714.37 | 792.68 | 863.01 | 787.09 |
Net debt | 386.88 | 353.53 | -22.08 | 51.06 | 18.93 |
Profitability | |||||
EBIT-% | 4.4 % | 8.5 % | 5.1 % | 6.0 % | -1.8 % |
ROA | 3.4 % | 6.1 % | 3.8 % | 3.8 % | 1.5 % |
ROE | 6.8 % | 12.0 % | 4.1 % | 3.7 % | 2.3 % |
ROI | 3.9 % | 7.0 % | 4.3 % | 4.2 % | 1.7 % |
Economic value added (EVA) | 7.89 | 24.97 | 11.95 | 4.16 | -30.12 |
Solvency | |||||
Equity ratio | 29.6 % | 32.6 % | 81.1 % | 74.6 % | 83.1 % |
Gearing | 188.2 % | 161.3 % | 4.2 % | 17.7 % | 4.9 % |
Relative net indebtedness % | 111.6 % | 91.4 % | 14.8 % | 23.1 % | 18.6 % |
Liquidity | |||||
Quick ratio | 0.4 | 0.4 | 1.5 | 1.2 | 1.8 |
Current ratio | 0.7 | 0.9 | 3.6 | 2.5 | 3.4 |
Cash and cash equivalents | 10.40 | 22.12 | 49.11 | 62.58 | 13.38 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 125.2 | 91.5 | 77.9 | 73.8 | 85.1 |
Net working capital % | -29.0 % | -10.4 % | 65.9 % | 51.9 % | 52.0 % |
Credit risk | |||||
Credit rating | AA | AAA | AAA | AAA | AAA |
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