K/S MÜNCHEN — Credit Rating and Financial Key Figures
Credit rating
Company information
About K/S MÜNCHEN
K/S MÜNCHEN (CVR number: 30915844) is a company from KØBENHAVN. The company reported a net sales of 0.9 mEUR in 2021, demonstrating a decline of -75 % compared to the previous year. The operating profit percentage was at 4323.5 % (EBIT: 41.1 mEUR), while net earnings were 40.6 mEUR. The profitability of the company measured by Return on Assets (ROA) was 227.8 %, which can be considered excellent and Return on Equity (ROE) was 3390.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 67 %, 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. K/S MÜNCHEN's liquidity measured by quick ratio was 3 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 (kEUR)
EBIT (kEUR)
Profitability
Solidity
Key figures (kEUR)
See financials2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 3 663.15 | 3 663.15 | 4 025.45 | 3 799.46 | 949.86 |
Gross profit | 3 569.82 | 3 581.58 | 3 923.83 | 3 699.11 | 889.21 |
EBIT | 1 805.27 | 1 817.03 | 2 159.29 | 1 934.56 | 41 067.01 |
Net earnings | 1 155.48 | 1 107.79 | 1 435.61 | 1 238.43 | 40 557.84 |
Shareholders equity total | 2 111.21 | 3 219.00 | 4 654.61 | 1 435.37 | 957.17 |
Balance sheet total (assets) | 39 476.21 | 39 530.33 | 39 415.19 | 34 649.44 | 1 429.17 |
Net debt | 36 695.88 | 35 649.59 | 34 070.10 | 31 373.55 | -51.00 |
Profitability | |||||
EBIT-% | 49.3 % | 49.6 % | 53.6 % | 50.9 % | 4323.5 % |
ROA | 4.5 % | 4.7 % | 5.5 % | 5.2 % | 227.8 % |
ROE | 75.4 % | 41.6 % | 36.5 % | 40.7 % | 3390.4 % |
ROI | 4.6 % | 4.8 % | 5.5 % | 5.3 % | 232.0 % |
Economic value added (EVA) | -73.64 | -67.92 | 272.74 | 56.51 | 39 487.73 |
Solvency | |||||
Equity ratio | 5.3 % | 8.1 % | 11.8 % | 4.1 % | 67.0 % |
Gearing | 1753.5 % | 1109.7 % | 739.0 % | 2302.3 % | |
Relative net indebtedness % | 1011.2 % | 989.3 % | 855.4 % | 830.2 % | 44.3 % |
Liquidity | |||||
Quick ratio | 1.0 | 1.8 | 3.0 | 1.4 | 3.0 |
Current ratio | 1.0 | 1.8 | 3.0 | 1.4 | 3.0 |
Cash and cash equivalents | 324.57 | 72.48 | 326.77 | 1 672.72 | 51.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 1.3 % | 43.5 % | 85.5 % | 16.0 % | 100.8 % |
Credit risk | |||||
Credit rating | A | A | AA | A | C |
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