MYHLENBERG EJENDOMME A/S — Credit Rating and Financial Key Figures

CVR number: 29772320
Myhlenbergvej 56, 9510 Arden

Company information

Official name
MYHLENBERG EJENDOMME A/S
Established
2006
Company form
Limited company
Industry

About MYHLENBERG EJENDOMME A/S

MYHLENBERG EJENDOMME A/S (CVR number: 29772320) is a company from MARIAGERFJORD. The company recorded a gross profit of 421.4 kDKK in 2023. The operating profit was 408.7 kDKK, while net earnings were 300.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.5 %, which can be considered good but Return on Equity (ROE) was 24.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 26.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. MYHLENBERG EJENDOMME A/S's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit356.57353.60393.78409.03421.37
EBIT356.57353.17388.63403.88408.71
Net earnings245.60246.00275.52293.75300.33
Shareholders equity total558.82804.82880.331 174.091 274.42
Balance sheet total (assets)4 647.004 756.574 720.604 856.044 783.56
Net debt3 200.962 950.282 873.602 493.152 559.05
Profitability
EBIT-%
ROA7.8 %7.5 %8.2 %8.4 %8.5 %
ROE56.3 %36.1 %32.7 %28.6 %24.5 %
ROI7.9 %7.7 %8.4 %8.6 %8.7 %
Economic value added (EVA)92.6796.18124.08136.32145.60
Solvency
Equity ratio12.0 %16.9 %18.6 %24.2 %26.6 %
Gearing599.1 %392.1 %336.6 %237.6 %201.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.70.61.00.2
Current ratio0.50.70.61.00.2
Cash and cash equivalents146.90205.4889.46296.1611.16
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:8.49%
Rating: 53/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:26.6%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

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