MAX MATHIESEN & SØN A/S — Credit Rating and Financial Key Figures

CVR number: 25386523
Håndværkervej 5, 6800 Varde
tel: 75224822

Credit rating

Company information

Official name
MAX MATHIESEN & SØN A/S
Personnel
22 persons
Established
2000
Company form
Limited company
Industry
  • Expand more icon410000

About MAX MATHIESEN & SØN A/S

MAX MATHIESEN & SØN A/S (CVR number: 25386523) is a company from VARDE. The company recorded a gross profit of 8739.7 kDKK in 2024. The operating profit was 1856.1 kDKK, while net earnings were 1437.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.5 %, which can be considered good but Return on Equity (ROE) was 19 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 44.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. MAX MATHIESEN & SØN A/S's liquidity measured by quick ratio was 1.7 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit6 593.355 494.755 665.075 282.488 739.74
EBIT1 827.59548.21418.90- 142.281 856.11
Net earnings1 466.90397.15176.64- 832.941 437.78
Shareholders equity total7 105.577 502.727 679.366 846.418 284.20
Balance sheet total (assets)23 357.3515 088.3819 403.2217 016.6921 870.56
Net debt3 632.072 905.617 986.684 732.80-2 455.67
Profitability
EBIT-%
ROA7.8 %3.1 %2.4 %-0.7 %10.5 %
ROE17.5 %5.4 %2.3 %-11.5 %19.0 %
ROI13.8 %5.1 %3.1 %-0.9 %20.5 %
Economic value added (EVA)794.01-17.52- 175.59- 597.161 095.83
Solvency
Equity ratio34.7 %51.0 %39.6 %40.2 %44.5 %
Gearing63.7 %39.6 %105.6 %69.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.61.61.21.31.7
Current ratio1.93.11.31.31.3
Cash and cash equivalents895.5863.98124.929.722 455.67
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBBBB

Variable visualization

ROA:10.5%
Rating: 59/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:44.5%
Rating: 36/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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