Malermester Midtgaard ApS
Credit rating
Company information
About Malermester Midtgaard ApS
Malermester Midtgaard ApS (CVR number: 38231227) is a company from GENTOFTE. The company recorded a gross profit of 750.6 kDKK in 2023. The operating profit was -210 kDKK, while net earnings were -212.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -39.7 %, which can be considered poor and Return on Equity (ROE) was -88.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -30.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Malermester Midtgaard ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 882.19 | ||||
Gross profit | 1 352.40 | 1 200.38 | 1 502.61 | 1 556.63 | 750.62 |
EBIT | 52.94 | 32.25 | 109.41 | 229.24 | - 210.03 |
Net earnings | 48.17 | 27.31 | 60.73 | 176.49 | - 212.13 |
Shareholders equity total | -66.90 | -83.67 | 34.63 | 211.12 | - 118.81 |
Balance sheet total (assets) | 430.02 | 566.41 | 477.97 | 669.69 | 270.28 |
Net debt | - 225.28 | - 203.29 | -75.27 | - 341.98 | -73.73 |
Profitability | |||||
EBIT-% | 2.8 % | ||||
ROA | 15.3 % | 5.6 % | 19.4 % | 40.4 % | -39.7 % |
ROE | 18.5 % | 5.5 % | 20.2 % | 143.6 % | -88.1 % |
ROI | 64.0 % | 56.7 % | 380.0 % | 188.6 % | -198.9 % |
Economic value added (EVA) | 52.92 | 46.34 | 93.26 | 177.85 | - 203.46 |
Solvency | |||||
Equity ratio | -13.5 % | -12.9 % | 7.2 % | 31.5 % | -30.5 % |
Gearing | -136.3 % | -27.4 % | |||
Relative net indebtedness % | 0.0 % | ||||
Liquidity | |||||
Quick ratio | 1.5 | 0.7 | 1.0 | 1.4 | 0.6 |
Current ratio | 1.7 | 0.8 | 1.1 | 1.5 | 0.7 |
Cash and cash equivalents | 316.49 | 226.26 | 75.27 | 341.98 | 73.73 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 3.7 | ||||
Net working capital % | 8.6 % | ||||
Credit risk | |||||
Credit rating | B | B | B | BB | C |
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