Universal Flytteforretning A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Universal Flytteforretning A/S
Universal Flytteforretning A/S (CVR number: 38166719) is a company from VEJLE. The company recorded a gross profit of 15.9 mDKK in 2023. The operating profit was -1611.4 kDKK, while net earnings were -1687 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.6 %, which can be considered poor and Return on Equity (ROE) was -23.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 21.7 %, 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. Universal Flytteforretning A/S's liquidity measured by quick ratio was 1.4 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 12 310.94 | 9 897.85 | 13 941.18 | 14 533.95 | 15 925.20 |
EBIT | 3 248.91 | 1 853.56 | 3 273.11 | 1 904.78 | -1 611.40 |
Net earnings | 2 463.12 | 1 423.23 | 2 493.57 | 1 410.84 | -1 686.99 |
Shareholders equity total | 7 990.72 | 7 013.95 | 9 507.52 | 10 918.35 | 3 431.36 |
Balance sheet total (assets) | 16 033.27 | 16 236.16 | 18 409.43 | 25 175.54 | 16 072.04 |
Net debt | -7 294.79 | -5 767.16 | 2 159.86 | 3 511.40 | 3 757.47 |
Profitability | |||||
EBIT-% | |||||
ROA | 22.1 % | 11.9 % | 19.1 % | 8.9 % | -7.6 % |
ROE | 36.4 % | 19.0 % | 30.2 % | 13.8 % | -23.5 % |
ROI | 34.5 % | 15.7 % | 23.9 % | 11.5 % | -10.0 % |
Economic value added (EVA) | 2 542.22 | 1 408.66 | 2 719.05 | 995.41 | -2 007.62 |
Solvency | |||||
Equity ratio | 49.8 % | 43.2 % | 51.6 % | 43.4 % | 21.7 % |
Gearing | 2.1 % | 65.5 % | 22.9 % | 32.5 % | 110.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.2 | 1.9 | 2.3 | 2.2 | 1.4 |
Current ratio | 2.2 | 1.9 | 2.3 | 2.2 | 1.3 |
Cash and cash equivalents | 7 458.65 | 10 360.85 | 18.10 | 35.10 | 20.30 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AA | AA | AAA | BBB |
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