MA Biler APS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MA Biler APS
MA Biler APS (CVR number: 41226943) is a company from HORSENS. The company recorded a gross profit of -38.3 kDKK in 2023. The operating profit was -38.3 kDKK, while net earnings were -30.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -27.4 %, which can be considered poor and Return on Equity (ROE) was -26 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -22.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. MA Biler APS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Volume | ||||
| Net sales | ||||
| Gross profit | -22.70 | -6.18 | -20.80 | -38.26 |
| EBIT | -22.70 | -6.18 | -20.80 | -38.26 |
| Net earnings | -18.68 | -4.82 | -24.61 | -30.22 |
| Shareholders equity total | 21.32 | 16.50 | -8.11 | -38.33 |
| Balance sheet total (assets) | 126.32 | 121.50 | 100.21 | 132.11 |
| Net debt | -22.30 | -16.12 | -79.85 | -20.82 |
| Profitability | ||||
| EBIT-% | ||||
| ROA | -18.0 % | -5.0 % | -18.1 % | -27.4 % |
| ROE | -87.6 % | -25.5 % | -42.2 % | -26.0 % |
| ROI | -18.7 % | -5.2 % | -35.1 % | -143.6 % |
| Economic value added (EVA) | -18.68 | -10.92 | -27.22 | -29.85 |
| Solvency | ||||
| Equity ratio | 16.9 % | 13.6 % | -7.5 % | -22.5 % |
| Gearing | 469.0 % | 606.0 % | -26.2 % | -133.5 % |
| Relative net indebtedness % | ||||
| Liquidity | ||||
| Quick ratio | 1.2 | 1.2 | 0.8 | 0.5 |
| Current ratio | 1.2 | 1.2 | 0.9 | 0.8 |
| Cash and cash equivalents | 122.30 | 116.12 | 81.98 | 71.98 |
| Capital use efficiency | ||||
| Trade debtors turnover (days) | ||||
| Net working capital % | ||||
| Credit risk | ||||
| Credit rating | BB | BB | BB | BB |
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