MURERMESTER MICHAEL RASMUSSEN ApS
Credit rating
Company information
About MURERMESTER MICHAEL RASMUSSEN ApS
MURERMESTER MICHAEL RASMUSSEN ApS (CVR number: 29517940) is a company from SOLRØD. The company reported a net sales of 1 mDKK in 2023, demonstrating a growth of 49.2 % compared to the previous year. The operating profit percentage was poor at -1.5 % (EBIT: -0 mDKK), while net earnings were -26.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2 %, which can be considered poor and Return on Equity (ROE) was -5.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 80.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MURERMESTER MICHAEL RASMUSSEN ApS's liquidity measured by quick ratio was 5 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 873.33 | 1 418.12 | 978.45 | 685.62 | 1 022.66 |
Gross profit | 581.00 | 662.36 | 722.04 | 391.56 | 506.71 |
EBIT | 98.73 | 173.27 | 172.95 | - 157.53 | -15.64 |
Net earnings | 76.42 | 137.64 | 168.10 | - 172.18 | -26.07 |
Shareholders equity total | 439.49 | 577.12 | 745.22 | 458.59 | 432.52 |
Balance sheet total (assets) | 593.74 | 867.64 | 944.88 | 573.17 | 539.58 |
Net debt | - 454.55 | - 824.15 | - 911.47 | - 384.72 | - 326.75 |
Profitability | |||||
EBIT-% | 11.3 % | 12.2 % | 17.7 % | -23.0 % | -1.5 % |
ROA | 19.0 % | 24.6 % | 23.5 % | -20.0 % | -2.0 % |
ROE | 19.0 % | 27.1 % | 25.4 % | -28.6 % | -5.9 % |
ROI | 25.2 % | 35.3 % | 32.2 % | -25.2 % | -2.5 % |
Economic value added (EVA) | 78.76 | 135.46 | 152.40 | - 149.17 | -19.35 |
Solvency | |||||
Equity ratio | 74.0 % | 66.5 % | 78.9 % | 80.0 % | 80.2 % |
Gearing | |||||
Relative net indebtedness % | -34.4 % | -37.6 % | -72.7 % | -39.4 % | -21.5 % |
Liquidity | |||||
Quick ratio | 4.3 | 3.4 | 5.7 | 4.9 | 5.0 |
Current ratio | 4.3 | 3.4 | 5.7 | 4.9 | 5.0 |
Cash and cash equivalents | 454.55 | 824.15 | 911.47 | 384.72 | 326.75 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 57.9 | 5.8 | 7.2 | 3.2 | 69.2 |
Net working capital % | 49.4 % | 39.8 % | 71.6 % | 58.4 % | 38.5 % |
Credit risk | |||||
Credit rating | BB | BB | BB | B | B |
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