Credit rating
Company information
About Mountain Top Group ApS
Mountain Top Group ApS (CVR number: 38784145) is a company from FREDERIKSSUND. The company recorded a gross profit of 9753 kDKK in 2023. The operating profit was 781 kDKK, while net earnings were 65 mDKK. The profitability of the company measured by Return on Assets (ROA) was 9.8 %, which can be considered good and Return on Equity (ROE) was 13.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 65.2 %, 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. Mountain Top Group ApS's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 6 069.00 | 7 656.00 | 9 308.00 | 7 558.00 | 9 753.00 |
EBIT | -1 689.00 | -1 023.00 | 1 798.00 | - 104.00 | 781.00 |
Net earnings | 5 781.00 | 24 913.00 | 41 775.00 | 19 630.00 | 64 982.00 |
Shareholders equity total | 371 448.00 | 396 292.00 | 436 507.00 | 455 520.00 | 522 886.00 |
Balance sheet total (assets) | 731 539.00 | 791 572.00 | 811 690.00 | 732 622.00 | 801 900.00 |
Net debt | 341 337.00 | 377 961.00 | 363 040.00 | 266 666.00 | 270 618.00 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.3 % | 5.2 % | 6.8 % | 4.3 % | 9.8 % |
ROE | 1.6 % | 6.5 % | 10.0 % | 4.4 % | 13.3 % |
ROI | 2.3 % | 5.2 % | 6.8 % | 4.3 % | 9.9 % |
Economic value added (EVA) | -1 838.38 | 526.92 | 1 091.02 | 5 768.53 | 135.51 |
Solvency | |||||
Equity ratio | 50.8 % | 50.1 % | 53.8 % | 62.2 % | 65.2 % |
Gearing | 92.2 % | 95.7 % | 83.2 % | 58.7 % | 51.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.4 | 0.7 | 0.1 | 1.2 | 0.2 |
Current ratio | 0.4 | 0.7 | 0.1 | 1.2 | 0.2 |
Cash and cash equivalents | 1 109.00 | 1 167.00 | 891.00 | 417.00 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | AA | A | A |
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