Mai Bæk ApS — Credit Rating and Financial Key Figures

CVR number: 31591678
Lyngbakkevej 15, Hvidbjerg 7080 Børkop
jb@mai-baek.dk

Credit rating

Company information

Official name
Mai Bæk ApS
Established
2008
Domicile
Hvidbjerg
Company form
Private limited company
Industry

About Mai Bæk ApS

Mai Bæk ApS (CVR number: 31591678) is a company from VEJLE. The company recorded a gross profit of -2.7 kDKK in 2021, demonstrating a decline of 0 % compared to the previous year. The operating profit was -1.6 kDKK, while net earnings were -1.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.9 %, which can be considered poor and Return on Equity (ROE) was -1.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 74 %, 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. Mai Bæk ApS's liquidity measured by quick ratio was 0.6 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2017
2018
2019
2020
2021
Volume
Net sales118.79
Gross profit377.58-40.27-2.6913.67-2.71
EBIT241.84-44.32-7.798.39-1.60
Net earnings186.83-46.12-8.088.07-1.80
Shareholders equity total447.48295.56179.47133.54131.74
Balance sheet total (assets)558.63344.70187.88194.60178.02
Net debt- 225.53- 143.47-4.6652.4919.54
Profitability
EBIT-%7.1 %
ROA39.1 %-9.8 %-2.9 %4.4 %-0.9 %
ROE46.0 %-12.4 %-3.4 %5.2 %-1.4 %
ROI54.7 %-11.1 %-3.1 %4.6 %-0.9 %
Economic value added (EVA)172.13-53.80-14.23-0.36-8.31
Solvency
Equity ratio80.1 %85.7 %95.5 %68.6 %74.0 %
Gearing7.4 %8.1 %0.4 %39.3 %30.6 %
Relative net indebtedness %51.4 %
Liquidity
Quick ratio5.04.04.50.70.6
Current ratio5.04.04.50.70.6
Cash and cash equivalents258.87167.325.4220.74
Capital use efficiency
Trade debtors turnover (days)114.3
Net working capital %-13.9 %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:-0.86%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:74.0%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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