MUNCH, SKAGEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 25822188
Eratosvej 17, 9990 Skagen

Credit rating

Company information

Official name
MUNCH, SKAGEN HOLDING ApS
Established
2000
Company form
Private limited company
Industry
  • Expand more icon642120

About MUNCH, SKAGEN HOLDING ApS

MUNCH, SKAGEN HOLDING ApS (CVR number: 25822188) is a company from FREDERIKSHAVN. The company recorded a gross profit of -46 kDKK in 2023. The operating profit was -46 kDKK, while net earnings were 169.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.5 %, which can be considered weak and Return on Equity (ROE) was 1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MUNCH, SKAGEN HOLDING ApS's liquidity measured by quick ratio was 355.1 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

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 profit-32.33-33.92-35.47-40.26-46.00
EBIT-32.33-33.92-35.47-40.26-46.00
Net earnings270.79102.47281.8115.42169.14
Shareholders equity total18 945.3118 547.7818 329.5917 845.0117 514.15
Balance sheet total (assets)19 012.6818 591.4118 404.5517 901.6717 563.61
Net debt-8 226.16-7 585.75-18 339.60-17 884.69-17 532.39
Profitability
EBIT-%
ROA1.8 %0.7 %1.3 %1.3 %1.5 %
ROE1.4 %0.5 %1.5 %0.1 %1.0 %
ROI1.8 %0.7 %1.3 %1.3 %1.5 %
Economic value added (EVA)- 553.58- 563.39- 578.51-30.93-33.89
Solvency
Equity ratio99.6 %99.8 %99.6 %99.7 %99.7 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio123.0174.2245.5315.9355.1
Current ratio123.0174.2245.5315.9355.1
Cash and cash equivalents8 226.167 585.7518 339.6017 884.6917 532.39
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBBBB

Variable visualization

ROA:1.49%
Rating: 27/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.7%
Rating: 96/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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