DEN KINESISKE MUR AARS ApS

CVR number: 35833722
Tingvej 15, 8800 Viborg

Credit rating

Company information

Official name
DEN KINESISKE MUR AARS ApS
Personnel
12 persons
Established
2014
Company form
Private limited company
Industry
  • Expand more icon56Food and beverage service activities

About DEN KINESISKE MUR AARS ApS

DEN KINESISKE MUR AARS ApS (CVR number: 35833722) is a company from VIBORG. The company recorded a gross profit of 2043.1 kDKK in 2023. The operating profit was 91.8 kDKK, while net earnings were -53 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.3 %, which can be considered weak but Return on Equity (ROE) was -17.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 7.2 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. DEN KINESISKE MUR AARS ApS's liquidity measured by quick ratio was 0.5 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit2 323.931 542.261 327.671 599.742 043.13
EBIT93.00- 415.68- 350.34- 352.2391.84
Net earnings78.67- 318.83- 269.68- 277.28-53.05
Shareholders equity total1 202.03883.21613.52336.24283.20
Balance sheet total (assets)2 300.042 120.752 143.974 067.383 938.19
Net debt- 573.72- 412.58- 541.11141.04130.49
Profitability
EBIT-%
ROA5.2 %-17.7 %-15.5 %-11.0 %2.3 %
ROE6.8 %-30.6 %-36.0 %-58.4 %-17.1 %
ROI10.4 %-35.5 %-39.1 %-17.7 %3.1 %
Economic value added (EVA)36.97- 355.88- 297.00- 278.3762.35
Solvency
Equity ratio52.3 %41.6 %28.6 %8.3 %7.2 %
Gearing87.0 %74.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.11.00.50.5
Current ratio1.31.21.00.50.5
Cash and cash equivalents573.72412.58541.11151.4780.63
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:2.34%
Rating: 32/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:7.19%
Rating: 7/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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