MAIK'S CORNER ApS
Credit rating
Company information
About MAIK'S CORNER ApS
MAIK'S CORNER ApS (CVR number: 12309961) is a company from SERMERSOOQ. The company recorded a gross profit of 751.9 kDKK in 2023. The operating profit was -306.2 kDKK, while net earnings were -387 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.4 %, which can be considered poor and Return on Equity (ROE) was -29.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 22.5 %, 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. MAIK'S CORNER ApS's liquidity measured by quick ratio was 2.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 149.16 | ||||
Gross profit | 624.84 | 389.79 | 23.63 | 673.90 | 751.87 |
EBIT | 389.34 | - 118.51 | - 628.69 | 150.28 | - 306.24 |
Net earnings | 215.81 | - 374.44 | -95.15 | 898.80 | - 387.01 |
Shareholders equity total | 1 061.88 | 687.44 | 592.29 | 1 491.09 | 1 104.08 |
Balance sheet total (assets) | 4 790.88 | 5 037.51 | 4 961.71 | 4 650.06 | 4 910.57 |
Net debt | 3 325.60 | 3 829.64 | 3 162.38 | 2 363.89 | 2 793.98 |
Profitability | |||||
EBIT-% | 33.9 % | ||||
ROA | 8.1 % | -2.4 % | -4.0 % | 23.3 % | -6.4 % |
ROE | 23.4 % | -42.8 % | -14.9 % | 86.3 % | -29.8 % |
ROI | 8.6 % | -2.5 % | -4.2 % | 24.8 % | -6.6 % |
Economic value added (EVA) | 180.43 | - 303.19 | - 667.57 | -43.44 | - 422.91 |
Solvency | |||||
Equity ratio | 22.2 % | 13.6 % | 11.9 % | 32.1 % | 22.5 % |
Gearing | 313.8 % | 582.3 % | 659.1 % | 191.0 % | 324.1 % |
Relative net indebtedness % | 302.4 % | ||||
Liquidity | |||||
Quick ratio | 4.2 | 4.5 | 1.4 | 2.3 | 2.8 |
Current ratio | 4.5 | 4.8 | 1.5 | 2.7 | 3.1 |
Cash and cash equivalents | 7.00 | 173.34 | 741.67 | 483.42 | 783.90 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 55.6 % | ||||
Credit risk | |||||
Credit rating | BBB | BBB | BB | BBB | BB |
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