MAST HOLDING ApS

APSDissolved

CVR 25986407Birkegårdsvej 26, 8361 HasselagerRental and leasing of other machinery, equipment and tangible goods n.e.c.· NACE 7739Est. 2001 · 25 years old— employees

Overview

MAST HOLDING ApS is a Danish APS based in Hasselager, operating in the Rental and leasing of other machinery, equipment and tangible goods n.e.c. sector. Incorporated in 2001, the company reported a gross profit of DKK 37.7m in its latest annual filing.

Gross profit 2015

37.7M DKK

−4% vs 2014

EBITDA margin (of gross profit)

21.8 %

−35% vs 2014

Net profit 2015

4M DKK

-52% vs 2014

Key ratios

See full ratios →

69.7 %

Strong

Among the 40% highest rated companies in the industry

20132015

4.4×

Strong

Among the 30% highest rated companies in the industry

20132015

4.1 %

Average

Around the average of companies in the same industry

20132015

EBITDA — year on year

DKK millions

Key figures

Annual report 2015

Gross profit	37.7M DKK	-4%
EBITDA	8.2M DKK	-35%
Net profit	4M DKK	-52%
Total assets	97M DKK	+3%
Equity	67.6M DKK	+4%
Employees	—	—

Financial development

In its most recent annual report (2015), MAST HOLDING ApS reported a gross profit of DKK 37.7m, a decrease of 4% on the year before. The figures on this page draw on 3 annual filings covering 2013 to 2015. The bottom line showed a net profit of DKK 4.0m, and the EBITDA margin stood at 21.8%.

At the end of 2015, equity financed 69.7% of the balance sheet, and current assets covered short-term debt 4.4 times.

Financials

Gross profit

DKK millions

EBITDA

DKK millions

Income statement

DKK thousands

Item	2015	2014	2013
Gross profit	37,665	39,182	32,596
Staff expenses	-29,439	-26,613	-27,663
EBITDA	8,226	12,569	4,933
Depreciation & amort.	-3,939	-4,532	-3,794
EBIT	4,286	8,038	1,139
Net financials	1,254	2,559	1,026
Profit before tax	5,540	10,591	2,157
Tax	1,563	2,353	384
Net profit	3,977	8,238	1,773

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Balance sheet

DKK thousands

Item	2015	2014	2013
Total assets	97,046	94,478	85,094
Equity	67,596	64,988	58,131
Long-term debt	12,189	13,102	11,466
Short-term debt	15,816	15,043	14,296
Total debt	28,005	28,144	25,761

Financial ratios

5-year trend

EBITDA margin (of gross profit)

21.8 %

20132015

Equity ratio

69.7 %

Strong

Among the 40% highest rated companies in the industry

20132015

Return on equity

5.9 %

Average

Around the average of companies in the same industry

20132015

Net profit margin (of gross profit)

10.6 %

20132015

Asset turnover (of gross profit)

0.39×

20132015

Debt / equity

0.44×

Average

Around the average of companies in the same industry

20132015

Sector performance

23 of 28 ratios graded

28 financial ratios from the latest filing, each graded against companies in the same industry.

Profitability

Return on equity (ROE)Average

Around the average of companies in the same industry

Net profit as a percentage of equity — the return the owners earned on their invested capital this year.

Return on assets (ROA)Average

Around the average of companies in the same industry

Net profit as a percentage of total assets — the return generated on the capital employed.

Return on net assets (RONA)Average

Around the average of companies in the same industry

Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.

Basic earning power (BEP)Average

Around the average of companies in the same industry

EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.

Capacity ratioAverage

Around the average of companies in the same industry

Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.

Gross marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.

Operating marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.

Net profit marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The profit for the year as a share of revenue — the company's ability to turn revenue into profit.

Liquidity

Current ratioStrong

Among the 30% highest rated companies in the industry

Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.

Quick ratioStrong

Among the 40% highest rated companies in the industry

Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.

Cash ratioAverage

Around the average of companies in the same industry

Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.

Current assets to equityStrong

Among the 40% highest rated companies in the industry

Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.

Fixed assets to long-term capitalWeak

Among the 40% lowest rated companies in the industry

Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.

Cash conversion ratioVery strong

Among the 10% highest rated companies in the industry

Cash flow relative to profit — the ability to convert reported profits into accessible cash.

Debt & solvency

Solidity ratioStrong

Among the 40% highest rated companies in the industry

Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.

Debt ratioStrong

Among the 40% highest rated companies in the industry

Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.

Debt to equityAverage

Around the average of companies in the same industry

Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.

Liabilities to equityAverage

Around the average of companies in the same industry

Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.

Income to debtAverage

Around the average of companies in the same industry

Profit relative to debt — the ability to create earnings while operating with debt.

EBITDA to debtStrong

Among the 40% highest rated companies in the industry

EBITDA relative to debt — how much operating earnings are available to service the debt.

Interest coverageAverage

Around the average of companies in the same industry

The ability to pay the interest on the company's debt out of its earnings.

Interest rate on debtAverage

Around the average of companies in the same industry

Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.

Interest marginAverage

Around the average of companies in the same industry

The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.

Efficiency & development

Equity to contributed capitalVery strong

Among the 10% highest rated companies in the industry

Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.

One-year change in equityAverage

Around the average of companies in the same industry

The size of this year's increase or decrease in the company's equity.

One-year change in debtAverage

Around the average of companies in the same industry

The size of this year's increase or decrease in the company's debt.

Asset turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to total assets — the ability to generate revenue from the asset base.

Inventory turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.

Annual reports & filings

Annual report 2015
Filed via CVR / Virk · Period 2014-10-01 – 2015-09-30
View PDF
Annual report 2014
Filed via CVR / Virk · Period 2013-10-01 – 2014-09-30
View PDF
Annual report 2013
Filed via CVR / Virk · Period 2012-10-01 – 2013-09-30
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (2)


JB Jørgen Bjerg Damgaard Management	Management	2001 – 2016
CB Claus Bjerg Damgaard Management	Management	2001 – 2016

Board of directors

Non-executive oversight

No data on file.

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
Jørgen Bjerg Damgaard	Individual	0%	50–66.65%	2001
Claus Bjerg Damgaard	Individual	100%	100%	2016

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Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of MAST HOLDING ApS also hold positions in 14 other companies.

Person	Role here	Other companies
Claus Bjerg Damgaard	Management	12 companiesMany roles
Jørgen Bjerg Damgaard	Management	2 companies

Frequently asked questions

What is the CVR number of MAST HOLDING ApS?

MAST HOLDING ApS is registered with CVR / Virk under CVR 25986407.

What is the gross profit of MAST HOLDING ApS?

MAST HOLDING ApS reported a gross profit of DKK 37.7m in 2015.

Where is MAST HOLDING ApS headquartered?

MAST HOLDING ApS's registered address is Birkegårdsvej 26.