Musvit-Service APS — Credit Rating and Financial Key Figures

CVR number: 38036092
Meterbuen 10, 2740 Skovlunde
Musvit-service@outlook.com
tel: 28923741
www.MusvitService.dk

Company information

Official name
Musvit-Service APS
Personnel
5 persons
Established
2016
Company form
Private limited company
Industry

About Musvit-Service APS

Musvit-Service APS (CVR number: 38036092) is a company from BALLERUP. The company reported a net sales of 1.3 mDKK in 2023, demonstrating a growth of 14.2 % compared to the previous year. The operating profit percentage was poor at -2.6 % (EBIT: -0 mDKK), while net earnings were -36 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.8 %, which can be considered poor and Return on Equity (ROE) was -16 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -37.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Musvit-Service APS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales440.44531.66757.791 103.261 259.74
Gross profit372.11460.46599.80962.491 052.67
EBIT28.45- 165.90-92.1835.12-32.83
Net earnings20.90- 129.51-73.3926.11-35.97
Shareholders equity total63.81-65.98- 112.09-86.80- 122.77
Balance sheet total (assets)159.83125.59136.74242.91206.58
Net debt-81.80-14.5434.0021.7878.98
Profitability
EBIT-%6.5 %-31.2 %-12.2 %3.2 %-2.6 %
ROA23.9 %-94.4 %-41.9 %12.1 %-9.8 %
ROE39.2 %-136.8 %-56.0 %13.8 %-16.0 %
ROI41.5 %-352.1 %-374.7 %64.1 %-33.7 %
Economic value added (EVA)21.40- 127.11-66.6232.76-18.54
Solvency
Equity ratio39.9 %-34.4 %-45.0 %-26.3 %-37.3 %
Gearing23.8 %-23.0 %-30.3 %-87.1 %-95.0 %
Relative net indebtedness %-0.2 %30.4 %32.8 %25.0 %23.2 %
Liquidity
Quick ratio1.50.60.50.70.6
Current ratio1.50.60.50.70.6
Cash and cash equivalents97.0129.7553.8337.63
Capital use efficiency
Trade debtors turnover (days)38.820.628.033.820.5
Net working capital %11.6 %-15.2 %-16.7 %-9.2 %-10.9 %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:-9.84%
Rating: 10/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-37.3%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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