K/S MALTHOUSE AVENUE
Credit rating
Company information
About K/S MALTHOUSE AVENUE
K/S MALTHOUSE AVENUE (CVR number: 28291876) is a company from ODENSE. The company reported a net sales of 2.2 mDKK in 2022, demonstrating a growth of 0.7 % compared to the previous year. The operating profit percentage was poor at -121.6 % (EBIT: -2.7 mDKK), while net earnings were -2831.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.7 %, which can be considered poor and Return on Equity (ROE) was -37 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 25 %, 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. K/S MALTHOUSE AVENUE's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 2 115.81 | 2 105.28 | 2 072.96 | 2 166.63 | 2 181.05 |
Gross profit | 1 931.04 | 1 886.81 | 1 887.06 | 1 981.69 | 1 934.98 |
EBIT | 1 499.23 | 3 676.66 | -2 156.01 | 2 088.93 | -2 652.18 |
Net earnings | 467.30 | 1 292.25 | -2 149.51 | - 408.83 | -2 831.83 |
Shareholders equity total | 9 047.53 | 10 717.78 | 8 946.27 | 8 915.43 | 6 398.61 |
Balance sheet total (assets) | 31 687.33 | 33 666.89 | 29 805.36 | 30 357.30 | 25 567.25 |
Net debt | 19 662.48 | 19 764.11 | 18 943.66 | 17 536.57 | 15 627.50 |
Profitability | |||||
EBIT-% | 70.9 % | 174.6 % | -104.0 % | 96.4 % | -121.6 % |
ROA | 5.7 % | 12.3 % | -2.7 % | 8.3 % | -5.7 % |
ROE | 5.4 % | 13.1 % | -21.9 % | -4.6 % | -37.0 % |
ROI | 5.9 % | 12.7 % | -2.7 % | 8.6 % | -5.9 % |
Economic value added (EVA) | 88.39 | 2 283.85 | -3 640.32 | 746.91 | -3 926.66 |
Solvency | |||||
Equity ratio | 28.6 % | 31.8 % | 30.0 % | 29.4 % | 25.0 % |
Gearing | 236.6 % | 202.3 % | 221.1 % | 225.2 % | 280.8 % |
Relative net indebtedness % | 987.7 % | 998.9 % | 965.9 % | 872.5 % | 771.7 % |
Liquidity | |||||
Quick ratio | 0.9 | 1.0 | 1.1 | 1.2 | 1.2 |
Current ratio | 0.9 | 1.0 | 1.1 | 1.2 | 1.2 |
Cash and cash equivalents | 1 742.19 | 1 918.51 | 836.00 | 2 538.32 | 2 338.50 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -12.1 % | -1.6 % | 5.2 % | 17.3 % | 19.4 % |
Credit risk | |||||
Credit rating | A | A | BBB | A | BB |
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