TOP-LINE MØBELPRODUKTION MØLDRUP A/S
Credit rating
Company information
About TOP-LINE MØBELPRODUKTION MØLDRUP A/S
TOP-LINE MØBELPRODUKTION MØLDRUP A/S (CVR number: 10303184) is a company from VIBORG. The company recorded a gross profit of 7947.2 kDKK in 2023. The operating profit was -3553.5 kDKK, while net earnings were -14.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was -12.6 %, which can be considered poor and Return on Equity (ROE) was -101 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 24.5 %, 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. TOP-LINE MØBELPRODUKTION MØLDRUP A/S's liquidity measured by quick ratio was 0.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 11 173.36 | 13 407.30 | 19 240.08 | 14 092.40 | 7 947.21 |
EBIT | 2 776.72 | 4 440.15 | 6 483.18 | 280.38 | -3 553.47 |
Net earnings | 1 285.81 | 11 690.41 | 11 300.35 | -52 031.49 | -14 404.23 |
Shareholders equity total | 35 103.72 | 46 516.54 | 50 298.66 | 16 849.59 | 11 668.71 |
Balance sheet total (assets) | 62 897.28 | 68 588.29 | 78 547.65 | 66 356.42 | 47 593.77 |
Net debt | 17 086.31 | 10 405.68 | 16 840.49 | 23 820.23 | 25 581.49 |
Profitability | |||||
EBIT-% | |||||
ROA | 8.4 % | 20.5 % | 17.9 % | 8.2 % | -12.6 % |
ROE | 3.6 % | 28.6 % | 23.3 % | -155.0 % | -101.0 % |
ROI | 9.4 % | 23.8 % | 20.8 % | -74.6 % | -17.7 % |
Economic value added (EVA) | 2 952.67 | 4 303.95 | 6 237.21 | 1 392.15 | -4 463.49 |
Solvency | |||||
Equity ratio | 55.8 % | 67.8 % | 64.0 % | 25.4 % | 24.5 % |
Gearing | 55.9 % | 26.1 % | 35.3 % | 143.9 % | 229.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.6 | 1.0 | 1.1 | 0.8 | 0.5 |
Current ratio | 0.6 | 1.0 | 1.1 | 0.9 | 0.6 |
Cash and cash equivalents | 2 544.11 | 1 757.22 | 891.36 | 419.92 | 1 158.50 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | AA | BB | BB |
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