MOGENS SCHELDE HOLDING ApS
Credit rating
Company information
About MOGENS SCHELDE HOLDING ApS
MOGENS SCHELDE HOLDING ApS (CVR number: 71383814) is a company from VEJEN. The company reported a net sales of 1 mDKK in 2023, demonstrating a growth of 46.5 % compared to the previous year. The operating profit percentage was at 99.6 % (EBIT: 1 mDKK), while net earnings were 970.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 27.8 %, which can be considered excellent and Return on Equity (ROE) was 40.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 75.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. MOGENS SCHELDE HOLDING ApS's liquidity measured by quick ratio was 7.8 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 557.00 | 351.00 | 143.00 | 671.00 | 983.02 |
Gross profit | 554.00 | 348.00 | 140.00 | 666.00 | 978.84 |
EBIT | 554.00 | 348.00 | 140.00 | 666.00 | 978.84 |
Net earnings | 534.00 | 339.00 | 126.00 | 654.00 | 970.05 |
Shareholders equity total | 1 169.00 | 1 400.00 | 1 415.00 | 1 956.00 | 2 811.55 |
Balance sheet total (assets) | 3 105.00 | 3 062.00 | 2 866.00 | 3 332.00 | 3 704.15 |
Net debt | 1 808.00 | 1 572.00 | 1 326.00 | 1 280.00 | 850.66 |
Profitability | |||||
EBIT-% | 99.5 % | 99.1 % | 97.9 % | 99.3 % | 99.6 % |
ROA | 19.6 % | 11.3 % | 4.7 % | 21.5 % | 27.8 % |
ROE | 59.2 % | 26.4 % | 9.0 % | 38.8 % | 40.7 % |
ROI | 20.5 % | 11.7 % | 4.9 % | 22.1 % | 28.2 % |
Economic value added (EVA) | 560.18 | 356.74 | 144.22 | 670.27 | 983.67 |
Solvency | |||||
Equity ratio | 37.6 % | 45.7 % | 49.4 % | 58.7 % | 75.9 % |
Gearing | 154.7 % | 112.7 % | 96.5 % | 65.4 % | 31.6 % |
Relative net indebtedness % | 347.6 % | 471.8 % | 986.7 % | 205.1 % | 87.0 % |
Liquidity | |||||
Quick ratio | 0.1 | 0.5 | 7.8 | ||
Current ratio | 0.1 | 0.5 | 7.8 | ||
Cash and cash equivalents | 6.00 | 40.00 | 37.19 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -23.0 % | -22.2 % | -31.5 % | -14.3 % | 3.3 % |
Credit risk | |||||
Credit rating | A | A | A | A | A |
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