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Analyst: XBRLDenmark
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Bankruptcy Risk 
2018
2019/6
2019
2020/6
2020
2021/6
2021
2022/6
2022
2023/6
Bankruptcy risk for industry  1.5% 1.5% 1.5% 1.5% 1.5%  
Bankruptcy risk  1.1% 1.0% 2.8% 0.9% 1.0%  
Credit score (0-100)  86 88 59 87 86  
Credit rating  BBB A BB A A  
Credit limit (kDKK)  186.5 293.3 0.0 592.8 337.7  

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

Income statement (kDKK) 
2018
2019/6
2019
2020/6
2020
2021/6
2021
2022/6
2022
2023/6

Net sales  0 0 0 0 0  
Gross profit  5,125 4,579 2,584 6,297 6,853  
EBITDA  2,039 2,050 1,056 3,409 3,769  
EBIT  644 681 -308 2,570 2,811  
Pre-tax profit (PTP)  497.8 634.3 -444.8 2,535.3 2,793.4  
Net earnings  384.9 504.1 -346.9 1,977.5 2,178.9  
Pre-tax profit without non-rec. items  498 634 -445 2,535 2,793  

 
See the entire income statement

Balance sheet (kDKK) 
2018
2019/6
2019
2020/6
2020
2021/6
2021
2022/6
2022
2023/6

Tangible assets total  8,344 7,119 5,793 6,680 5,866  
Shareholders equity total  2,966 3,470 3,123 5,100 3,279  
Interest-bearing liabilities  2,883 2,085 1,852 303 309  
Balance sheet total (assets)  8,676 7,933 7,111 9,757 7,822  

Net Debt  2,812 2,048 1,817 -1,699 -533  
 
See the entire balance sheet

Volume 
2018
2019/6
2019
2020/6
2020
2021/6
2021
2022/6
2022
2023/6

Net sales  0 0 0 0 0  
Net sales growth  0.0% 0.0% 0.0% 0.0% 0.0%  
Gross profit  5,125 4,579 2,584 6,297 6,853  
Gross profit growth  3.1% -10.7% -43.6% 143.7% 8.8%  
Employees  9 8 4 7 8  
Employee growth %  -10.0% -11.1% -50.0% 75.0% 14.3%  
Employee expenses  0.0 0.0 0.0 0.0 0.0  
Balance sheet total (assets)  8,676 7,933 7,111 9,757 7,822  
Balance sheet change%  -24.7% -8.6% -10.4% 37.2% -19.8%  
Added value  2,039.0 2,049.8 1,056.4 3,934.0 3,768.9  
Added value %  0.0% 0.0% 0.0% 0.0% 0.0%  
Investments  -2,410 -2,597 -2,693 46 -1,774  

Net sales trend  0.0 0.0 0.0 0.0 0.0  
EBIT trend  3.0 4.0 -1.0 1.0 2.0  

Profitability 
2018
2019/6
2019
2020/6
2020
2021/6
2021
2022/6
2022
2023/6
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 (%)  12.6% 14.9% -11.9% 40.8% 41.0%  
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 %  6.4% 8.3% -4.1% 30.5% 32.0%  
ROI %  7.2% 9.8% -4.8% 37.8% 43.6%  
ROE %  13.9% 15.7% -10.5% 48.1% 52.0%  

Solidity 
2018
2019/6
2019
2020/6
2020
2021/6
2021
2022/6
2022
2023/6
Equity ratio %  33.6% 43.5% 43.7% 46.8% 37.7%  
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, %  137.9% 99.9% 172.0% -49.8% -14.1%  
Gearing %  97.2% 60.1% 59.3% 5.9% 9.4%  
Net interest  0 0 0 0 0  
Financing costs %  3.2% 2.2% 7.0% 3.2% 5.8%  

Liquidity 
2018
2019/6
2019
2020/6
2020
2021/6
2021
2022/6
2022
2023/6
Quick Ratio  0.1 0.2 0.4 0.9 0.4  
Current Ratio  0.1 0.2 0.5 1.0 0.5  
Cash and cash equivalent  71.4 36.5 34.7 2,001.7 841.4  

Capital use efficiency 
2018
2019/6
2019
2020/6
2020
2021/6
2021
2022/6
2022
2023/6
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  -3,982.3 -2,435.2 -1,591.8 -75.8 -1,410.6  
Net working capital %  0.0% 0.0% 0.0% 0.0% 0.0%  

Employee efficiency 
2018
2019/6
2019
2020/6
2020
2021/6
2021
2022/6
2022
2023/6
Net sales / employee  0 0 0 0 0  
Added value / employee  227 256 264 562 471  
Employee expenses / employee  0 0 0 0 0  
EBITDA / employee  227 256 264 487 471  
EBIT / employee  72 85 -77 367 351  
Net earnings / employee  43 63 -87 283 272