TØMMERMESTER MICHAEL JUSTESEN ApS — Credit Rating and Financial Key Figures

CVR number: 19434540
Overdrevsvej 22, 4660 Store Heddinge
tel: 56504021

Credit rating

Company information

Official name
TØMMERMESTER MICHAEL JUSTESEN ApS
Personnel
1 person
Established
1996
Company form
Private limited company
Industry

About TØMMERMESTER MICHAEL JUSTESEN ApS

TØMMERMESTER MICHAEL JUSTESEN ApS (CVR number: 19434540) is a company from STEVNS. The company recorded a gross profit of 454.4 kDKK in 2023. The operating profit was 278.3 kDKK, while net earnings were 217.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.9 %, which can be considered good and Return on Equity (ROE) was 8.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 93.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TØMMERMESTER MICHAEL JUSTESEN ApS's liquidity measured by quick ratio was 14.2 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit102.89418.25221.2792.62454.37
EBIT-76.72229.4829.00-83.55278.35
Net earnings-25.64150.7117.39-70.17217.06
Shareholders equity total2 836.832 876.942 781.332 596.762 696.01
Balance sheet total (assets)2 864.623 017.222 828.672 671.992 974.63
Net debt-2 043.94-2 173.91- 539.15-1 996.57-2 297.53
Profitability
EBIT-%
ROA-0.8 %8.5 %1.0 %-3.0 %9.9 %
ROE-0.9 %5.3 %0.6 %-2.6 %8.2 %
ROI-0.8 %8.7 %1.0 %-3.1 %10.4 %
Economic value added (EVA)- 209.7036.02- 122.21- 203.2186.21
Solvency
Equity ratio99.0 %95.4 %98.3 %97.2 %93.3 %
Gearing0.2 %0.2 %0.2 %0.2 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio77.516.712.640.414.2
Current ratio77.516.712.640.49.5
Cash and cash equivalents2 049.212 179.23544.472 001.882 301.36
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:9.89%
Rating: 57/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:93.3%
Rating: 74/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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