TINE MOURITSEN ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TINE MOURITSEN ApS
TINE MOURITSEN ApS (CVR number: 32093426) is a company from KØBENHAVN. The company recorded a gross profit of -19.2 kDKK in 2023. The operating profit was -60.5 kDKK, while net earnings were -61.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -26.6 %, which can be considered poor and Return on Equity (ROE) was -41.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 63.5 %, 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. TINE MOURITSEN ApS's liquidity measured by quick ratio was 2.4 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 | 1 430.43 | 799.12 | 241.98 | -61.22 | -19.23 |
EBIT | 164.00 | 193.74 | 222.31 | -56.82 | -60.46 |
Net earnings | 127.01 | 150.67 | 168.49 | -61.88 | -61.86 |
Shareholders equity total | 150.91 | 301.59 | 357.08 | 180.80 | 118.94 |
Balance sheet total (assets) | 516.36 | 797.55 | 648.11 | 267.06 | 187.35 |
Net debt | - 363.34 | - 654.45 | - 567.06 | - 197.00 | -73.39 |
Profitability | |||||
EBIT-% | |||||
ROA | 42.7 % | 29.5 % | 30.8 % | -12.4 % | -26.6 % |
ROE | 145.3 % | 66.6 % | 51.2 % | -23.0 % | -41.3 % |
ROI | 186.4 % | 85.2 % | 67.4 % | -21.1 % | -40.3 % |
Economic value added (EVA) | 126.59 | 161.73 | 190.69 | -46.40 | -59.65 |
Solvency | |||||
Equity ratio | 29.2 % | 37.8 % | 55.1 % | 67.7 % | 63.5 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.3 | 1.5 | 2.1 | 2.8 | 2.4 |
Current ratio | 1.3 | 1.5 | 2.1 | 2.8 | 2.4 |
Cash and cash equivalents | 363.34 | 654.45 | 567.06 | 197.00 | 73.39 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BB | B |
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