METTE MUNK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About METTE MUNK A/S
METTE MUNK A/S (CVR number: 25933362) is a company from ODENSE. The company recorded a gross profit of 29.8 mDKK in 2023. The operating profit was 14.5 mDKK, while net earnings were 11.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 7 %, which can be considered decent but Return on Equity (ROE) was 9.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 77.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. METTE MUNK A/S's liquidity measured by quick ratio was 17.7 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 78 535.94 | 69 593.00 | 68 003.00 | 69 488.00 | 29 814.90 |
EBIT | 48 917.08 | 42 151.00 | 39 450.00 | 37 338.00 | 14 483.50 |
Net earnings | 37 503.50 | 31 938.00 | 30 201.00 | 28 474.00 | 11 583.48 |
Shareholders equity total | 136 859.54 | 133 682.00 | 123 875.00 | 112 358.00 | 140 293.53 |
Balance sheet total (assets) | 231 790.67 | 222 777.00 | 222 733.00 | 211 098.00 | 243 070.24 |
Net debt | -52 409.11 | 11 903.12 | |||
Profitability | |||||
EBIT-% | |||||
ROA | 21.0 % | 18.5 % | 17.7 % | 17.2 % | 7.0 % |
ROE | 26.8 % | 23.6 % | 23.5 % | 24.1 % | 9.2 % |
ROI | 27.4 % | 21.1 % | 17.7 % | 17.2 % | 7.0 % |
Economic value added (EVA) | 34 581.11 | 39 243.01 | 32 732.48 | 31 113.28 | 5 581.49 |
Solvency | |||||
Equity ratio | 59.3 % | 100.0 % | 100.0 % | 100.0 % | 77.1 % |
Gearing | 19.4 % | 20.9 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.3 | 17.7 | |||
Current ratio | 2.5 | 19.7 | |||
Cash and cash equivalents | 78 989.05 | 17 351.32 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AAA | A | A | A | AA |
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