Musvit-Service APS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 440.44 | 531.66 | 757.79 | 1 103.26 | 1 259.74 |
Gross profit | 372.11 | 460.46 | 599.80 | 962.49 | 1 052.67 |
EBIT | 28.45 | - 165.90 | -92.18 | 35.12 | -32.83 |
Net earnings | 20.90 | - 129.51 | -73.39 | 26.11 | -35.97 |
Shareholders equity total | 63.81 | -65.98 | - 112.09 | -86.80 | - 122.77 |
Balance sheet total (assets) | 159.83 | 125.59 | 136.74 | 242.91 | 206.58 |
Net debt | -81.80 | -14.54 | 34.00 | 21.78 | 78.98 |
Profitability | |||||
EBIT-% | 6.5 % | -31.2 % | -12.2 % | 3.2 % | -2.6 % |
ROA | 23.9 % | -94.4 % | -41.9 % | 12.1 % | -9.8 % |
ROE | 39.2 % | -136.8 % | -56.0 % | 13.8 % | -16.0 % |
ROI | 41.5 % | -352.1 % | -374.7 % | 64.1 % | -33.7 % |
Economic value added (EVA) | 21.40 | - 127.11 | -66.62 | 32.76 | -18.54 |
Solvency | |||||
Equity ratio | 39.9 % | -34.4 % | -45.0 % | -26.3 % | -37.3 % |
Gearing | 23.8 % | -23.0 % | -30.3 % | -87.1 % | -95.0 % |
Relative net indebtedness % | -0.2 % | 30.4 % | 32.8 % | 25.0 % | 23.2 % |
Liquidity | |||||
Quick ratio | 1.5 | 0.6 | 0.5 | 0.7 | 0.6 |
Current ratio | 1.5 | 0.6 | 0.5 | 0.7 | 0.6 |
Cash and cash equivalents | 97.01 | 29.75 | 53.83 | 37.63 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | 38.8 | 20.6 | 28.0 | 33.8 | 20.5 |
Net working capital % | 11.6 % | -15.2 % | -16.7 % | -9.2 % | -10.9 % |
Credit risk | |||||
Credit rating | BB | B | BB | BB | BB |
Variable visualization
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