Mark Wheels ApS — Credit Rating and Financial Key Figures

CVR number: 40126635
Herningvej 47 B, 7330 Brande
info@markwheels.dk
markwheels.dk

Credit rating

Company information

Official name
Mark Wheels ApS
Established
2018
Company form
Private limited company
Industry

About Mark Wheels ApS

Mark Wheels ApS (CVR number: 40126635) is a company from IKAST-BRANDE. The company recorded a gross profit of 43.7 kDKK in 2021. The operating profit was 43.7 kDKK, while net earnings were 30.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.7 %, which can be considered good but Return on Equity (ROE) was 25 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 25.1 %, 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. Mark Wheels 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
2019
2020
2021
Volume
Net sales
Gross profit266.9232.9643.70
EBIT266.9232.9643.70
Net earnings211.6426.2530.83
Shareholders equity total211.74107.99138.82
Balance sheet total (assets)491.48521.08554.07
Net debt- 135.32- 287.32- 130.18
Profitability
EBIT-%
ROA55.2 %7.1 %9.7 %
ROE100.0 %16.4 %25.0 %
ROI128.2 %22.6 %42.2 %
Economic value added (EVA)208.1923.5243.10
Solvency
Equity ratio43.1 %20.7 %25.1 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.00.70.6
Current ratio1.81.31.3
Cash and cash equivalents135.32287.32130.18
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:9.68%
Rating: 56/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:25.1%
Rating: 23/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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