MÜLUND ApS — Credit Rating and Financial Key Figures

CVR number: 33054661
Strevelinsvej 8, Erritsø 7000 Fredericia

Company information

Official name
MÜLUND ApS
Established
2010
Domicile
Erritsø
Company form
Private limited company
Industry

About MÜLUND ApS

MÜLUND ApS (CVR number: 33054661) is a company from FREDERICIA. The company recorded a gross profit of 352.6 kDKK in 2023. The operating profit was 1050.6 kDKK, while net earnings were 717.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.4 %, which can be considered good but Return on Equity (ROE) was 108.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 13.4 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. MÜLUND 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit336.25408.0090.00520.42352.60
EBIT336.25- 645.0090.00520.421 050.60
Net earnings155.57- 855.00- 125.00301.04717.20
Shareholders equity total280.57- 574.00301.041 018.24
Balance sheet total (assets)7 990.616 913.006 729.007 041.627 585.43
Net debt7 428.047 143.006 290.005 922.655 991.12
Profitability
EBIT-%
ROA4.2 %-8.3 %1.3 %7.6 %14.4 %
ROE18.6 %-23.8 %-1.5 %6.3 %108.7 %
ROI4.3 %-8.5 %1.6 %9.9 %15.0 %
Economic value added (EVA)-64.16- 950.73- 146.04283.161 049.89
Solvency
Equity ratio3.5 %-7.7 %4.3 %13.4 %
Gearing2660.8 %-1246.7 %2124.8 %618.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.01.41.3
Current ratio0.00.00.01.41.3
Cash and cash equivalents37.3213.00152.00473.71308.53
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBAA

Variable visualization

ROA:14.4%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:13.4%
Rating: 13/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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