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Analyst: XBRLDenmark
 
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Bankruptcy Risk 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Bankruptcy risk for industry  1.9% 1.9% 1.9% 1.9% 1.9%  
Bankruptcy risk  9.4% 10.2% 11.6% 6.9% 5.3%  
Credit score (0-100)  27 24 19 34 41  
Credit rating  BB BB BB BBB BBB  
Credit limit (kDKK)  0.0 0.0 0.0 0.0 0.0  

How are these values calculated?
 
View the automatically generated explanation of bankruptcy risk

Income statement (kDKK) 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Net sales  0 0 0 0 0  
Gross profit  340 215 296 335 480  
EBITDA  6.4 -59.9 60.7 75.3 161  
EBIT  4.9 -66.1 40.6 22.4 142  
Pre-tax profit (PTP)  4.0 -66.9 40.1 22.0 142.1  
Net earnings  3.0 -52.2 31.3 17.2 112.3  
Pre-tax profit without non-rec. items  4.0 -66.9 40.1 22.0 142  

 
See the entire income statement

Balance sheet (kDKK) 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Tangible assets total  29.5 23.3 17.1 10.9 4.7  
Shareholders equity total  53.0 0.8 32.1 49.2 162  
Interest-bearing liabilities  0.0 113 78.9 195 91.0  
Balance sheet total (assets)  161 180 196 321 386  

Net Debt  -109 82.8 22.0 85.2 -242  
 
See the entire balance sheet

Volume 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Net sales  0 0 0 0 0  
Net sales growth  0.0% 0.0% 0.0% 0.0% 0.0%  
Gross profit  340 215 296 335 480  
Gross profit growth  0.0% -36.8% 37.9% 13.3% 43.0%  
Employees  0 0 1 1 1  
Employee growth %  0.0% 0.0% 0.0% 0.0% 0.0%  
Employee expenses  0.0 0.0 0.0 0.0 0.0  
Balance sheet total (assets)  161 180 196 321 386  
Balance sheet change%  0.0% 12.0% 8.5% 64.0% 20.4%  
Added value  6.4 -59.9 60.7 42.5 161.2  
Added value %  0.0% 0.0% 0.0% 0.0% 0.0%  
Investments  28 -12 -26 -59 -25  

Net sales trend  0.0 0.0 0.0 0.0 0.0  
EBIT trend  1.0 -1.0 1.0 2.0 3.0  

Profitability 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
EBITDA %  0.0% 0.0% 0.0% 0.0% 0.0%  
EBIT %  0.0% 0.0% 0.0% 0.0% 0.0%  
EBIT to gross profit (%)  1.4% -30.8% 13.7% 6.7% 29.6%  
Net Earnings %  0.0% 0.0% 0.0% 0.0% 0.0%  
Profit before depreciation and extraordinary items %  0.0% 0.0% 0.0% 0.0% 0.0%  
Pre tax profit less extraordinaries %  0.0% 0.0% 0.0% 0.0% 0.0%  
ROA %  3.1% -38.7% 21.6% 8.7% 40.2%  
ROI %  9.1% -78.7% 36.1% 12.6% 57.3%  
ROE %  5.6% -194.1% 190.3% 42.2% 106.6%  

Solidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Equity ratio %  32.9% 0.4% 16.4% 15.3% 41.8%  
Relative indebtedness %  0.0% 0.0% 0.0% 0.0% 0.0%  
Relative net indebtedness %  0.0% 0.0% 0.0% 0.0% 0.0%  
Net int. bear. debt to EBITDA, %  -1,694.8% -138.1% 36.2% 113.2% -150.0%  
Gearing %  0.0% 14,158.6% 245.9% 395.5% 56.3%  
Net interest  0 0 0 0 0  
Financing costs %  0.0% 1.3% 0.5% 0.3% 0.0%  

Liquidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Quick Ratio  1.2 0.4 0.5 0.8 1.5  
Current Ratio  1.2 0.9 1.1 1.1 1.7  
Cash and cash equivalent  108.8 30.4 56.9 109.5 332.8  

Capital use efficiency 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Trade debtors turnover (days)  0.0 0.0 0.0 0.0 0.0  
Trade creditors turnover (days)  0.0 0.0 0.0 0.0 0.0  
Current assets / Net sales %  0.0% 0.0% 0.0% 0.0% 0.0%  
Net working capital  24.5 -22.5 15.0 38.3 156.9  
Net working capital %  0.0% 0.0% 0.0% 0.0% 0.0%  

Employee efficiency 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Net sales / employee  0 0 0 0 0  
Added value / employee  0 0 61 42 161  
Employee expenses / employee  0 0 0 0 0  
EBITDA / employee  0 0 61 75 161  
EBIT / employee  0 0 41 22 142  
Net earnings / employee  0 0 31 17 112