MØIBÆK NIELSEN FRAGT ApS

CVR number: 10845270
Håndværkervænget 5, Hem 7800 Skive
tel: 97531099

Credit rating

Company information

Official name
MØIBÆK NIELSEN FRAGT ApS
Personnel
4 persons
Established
1987
Domicile
Hem
Company form
Private limited company
Industry
  • Expand more icon49Land transport and transport via pipelines

About the company

MØIBÆK NIELSEN FRAGT ApS (CVR number: 10845270) is a company from SKIVE. The company recorded a gross profit of 2036.6 kDKK in 2023. The operating profit was 635.2 kDKK, while net earnings were 486.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 23.1 %, which can be considered excellent and Return on Equity (ROE) was 25.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 65.4 %, 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. MØIBÆK NIELSEN FRAGT ApS's liquidity measured by quick ratio was 2.8 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit850.72710.401 010.031 962.312 036.56
EBIT231.6022.73-52.12629.93635.16
Net earnings165.0715.13-24.07508.45486.62
Shareholders equity total1 584.431 599.561 575.492 083.931 770.55
Balance sheet total (assets)2 029.772 141.232 647.052 880.132 707.88
Net debt- 362.96- 540.08483.13- 198.80- 928.79
Profitability
EBIT-%
ROA11.3 %1.2 %-1.7 %23.8 %23.1 %
ROE11.0 %1.0 %-1.5 %27.8 %25.2 %
ROI13.2 %1.4 %-2.0 %28.6 %31.6 %
Economic value added (EVA)120.78-41.72-90.25420.31394.63
Solvency
Equity ratio78.1 %74.7 %59.5 %72.4 %65.4 %
Gearing5.9 %45.1 %0.5 %
Relative net indebtedness %
Liquidity
Quick ratio2.52.61.33.12.8
Current ratio2.52.61.33.12.8
Cash and cash equivalents456.54540.08227.26209.20928.79
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:23.1%
Rating: 79/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:65.4%
Rating: 50/100
-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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