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 -57 kDKK in 2024. The operating profit was -57 kDKK, while net earnings were -56.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -29.6 %, which can be considered poor and Return on Equity (ROE) was -62.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 31.8 %, 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. TINE MOURITSEN ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 799.12 | 241.98 | -61.22 | -19.23 | -56.98 |
EBIT | 193.74 | 222.31 | -56.82 | -60.46 | -56.98 |
Net earnings | 150.67 | 168.49 | -61.88 | -61.86 | -56.72 |
Shareholders equity total | 301.59 | 357.08 | 180.80 | 118.94 | 62.21 |
Balance sheet total (assets) | 797.55 | 648.11 | 267.06 | 187.35 | 195.76 |
Net debt | - 654.45 | - 567.06 | - 197.00 | -73.39 | - 106.04 |
Profitability | |||||
EBIT-% | |||||
ROA | 29.5 % | 30.8 % | -12.4 % | -26.6 % | -29.6 % |
ROE | 66.6 % | 51.2 % | -23.0 % | -41.3 % | -62.6 % |
ROI | 85.2 % | 67.4 % | -21.1 % | -40.3 % | -62.6 % |
Economic value added (EVA) | 161.73 | 190.69 | -46.40 | -59.65 | -59.26 |
Solvency | |||||
Equity ratio | 37.8 % | 55.1 % | 67.7 % | 63.5 % | 31.8 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.5 | 2.1 | 2.8 | 2.4 | 1.3 |
Current ratio | 1.5 | 2.1 | 2.8 | 2.4 | 1.3 |
Cash and cash equivalents | 654.45 | 567.06 | 197.00 | 73.39 | 106.04 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | B | B | BB |
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