MULTIFORM DESIGN CENTER COPENHAGEN ApS
Credit rating
Company information
About MULTIFORM DESIGN CENTER COPENHAGEN ApS
MULTIFORM DESIGN CENTER COPENHAGEN ApS (CVR number: 30911156) is a company from KØBENHAVN. The company recorded a gross profit of -2824.3 kDKK in 2023. The operating profit was -7940.9 kDKK, while net earnings were -6923.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -29.1 %, which can be considered poor and Return on Equity (ROE) was -131.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 21.2 %, 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. MULTIFORM DESIGN CENTER COPENHAGEN ApS's liquidity measured by quick ratio was 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2 906.00 | 6 176.00 | 1 902.50 | 3 340.51 | -2 824.27 |
EBIT | 1 598.50 | 4 974.54 | 625.26 | 1 632.82 | -7 940.89 |
Net earnings | 1 034.49 | 4 003.68 | 415.52 | 1 203.91 | -6 923.94 |
Shareholders equity total | 4 336.73 | 8 340.42 | 8 255.94 | 8 959.85 | 1 535.91 |
Balance sheet total (assets) | 26 269.73 | 22 696.21 | 29 868.84 | 35 110.31 | 18 969.58 |
Net debt | 507.33 | -2 018.64 | -3 055.62 | 1 011.90 | 1 156.67 |
Profitability | |||||
EBIT-% | |||||
ROA | 8.2 % | 20.4 % | 2.4 % | 5.0 % | -29.1 % |
ROE | 27.1 % | 63.2 % | 5.0 % | 14.0 % | -131.9 % |
ROI | 30.0 % | 60.2 % | 6.6 % | 15.7 % | -110.3 % |
Economic value added (EVA) | 946.66 | 3 894.20 | 187.02 | 1 040.60 | -7 364.04 |
Solvency | |||||
Equity ratio | 42.5 % | 65.2 % | 71.2 % | 71.5 % | 21.2 % |
Gearing | 26.0 % | 4.7 % | 8.8 % | 13.4 % | 101.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 5.8 | 3.6 | 7.3 | 9.6 | 2.0 |
Current ratio | 1.3 | 1.2 | 1.1 | 1.1 | 0.7 |
Cash and cash equivalents | 621.72 | 2 413.17 | 3 779.81 | 192.53 | 398.40 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | BBB | BBB | B |
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