MAEN Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MAEN Holding ApS
MAEN Holding ApS (CVR number: 37815276) is a company from ASSENS. The company reported a net sales of 0.2 mDKK in 2024, demonstrating a decline of -64.7 % compared to the previous year. The operating profit percentage was at 92.5 % (EBIT: 0.2 mDKK), while net earnings were 432.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.4 %, which can be considered good and Return on Equity (ROE) was 13.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 71.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. MAEN Holding ApS's liquidity measured by quick ratio was 2.9 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 500.00 | 675.00 | 1 488.00 | 510.00 | 180.00 |
Gross profit | 494.00 | 665.00 | 1 475.17 | 498.72 | 166.54 |
EBIT | 494.00 | 665.00 | 1 475.17 | 498.72 | 166.54 |
Net earnings | 526.00 | 764.00 | 1 107.42 | 732.10 | 432.78 |
Shareholders equity total | 559.00 | 1 283.00 | 2 332.94 | 3 006.14 | 3 377.92 |
Balance sheet total (assets) | 564.00 | 2 103.00 | 3 229.88 | 4 123.16 | 4 739.15 |
Net debt | - 514.00 | -1 233.00 | -1 539.94 | -2 209.14 | -2 609.54 |
Profitability | |||||
EBIT-% | 98.8 % | 98.5 % | 99.1 % | 97.8 % | 92.5 % |
ROA | 172.6 % | 60.6 % | 55.3 % | 21.7 % | 12.4 % |
ROE | 177.4 % | 83.0 % | 61.3 % | 27.4 % | 13.6 % |
ROI | 178.4 % | 60.8 % | 55.4 % | 21.8 % | 12.4 % |
Economic value added (EVA) | 489.49 | 615.84 | 1 369.75 | 336.67 | -50.73 |
Solvency | |||||
Equity ratio | 99.1 % | 61.0 % | 72.2 % | 72.9 % | 71.3 % |
Gearing | 63.5 % | 38.2 % | 37.0 % | 39.4 % | |
Relative net indebtedness % | -101.8 % | -181.9 % | -103.2 % | -432.2 % | -1433.3 % |
Liquidity | |||||
Quick ratio | 103.2 | 2.5 | 2.7 | 3.0 | 2.9 |
Current ratio | 103.2 | 2.5 | 2.7 | 3.0 | 2.9 |
Cash and cash equivalents | 514.00 | 2 048.00 | 2 431.88 | 3 321.16 | 3 941.15 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 3.2 % | -117.9 % | -55.2 % | -212.7 % | -740.2 % |
Credit risk | |||||
Credit rating | BB | BBB | BBB | A | A |
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