MØLGAARD FINANS ApS — Credit Rating and Financial Key Figures

CVR number: 29211140
Lehmannsvej 13, 7120 Vejle Øst
cmn@mail.dk
tel: 51581500

Credit rating

Company information

Official name
MØLGAARD FINANS ApS
Established
2005
Company form
Private limited company
Industry

About MØLGAARD FINANS ApS

MØLGAARD FINANS ApS (CVR number: 29211140) is a company from VEJLE. The company recorded a gross profit of 35.9 kDKK in 2023. The operating profit was 35.9 kDKK, while net earnings were 28.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.3 %, which can be considered decent but Return on Equity (ROE) was 14.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 21.6 %, 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. MØLGAARD FINANS ApS's liquidity measured by quick ratio was 0 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-2.07-11.0510.39-5.3135.87
EBIT-2.07-11.0510.39-5.3135.87
Net earnings-9.96-12.5922.10-24.4528.71
Shareholders equity total214.66191.62213.72189.27217.98
Balance sheet total (assets)1 042.111 012.901 028.771 013.061 009.96
Net debt-22.25-34.04-50.38-34.18-31.25
Profitability
EBIT-%
ROA0.2 %-0.4 %3.0 %-0.1 %4.3 %
ROE-4.5 %-6.2 %10.9 %-12.1 %14.1 %
ROI1.0 %-2.2 %15.0 %-0.5 %21.5 %
Economic value added (EVA)51.7543.4015.07-0.9540.62
Solvency
Equity ratio20.6 %18.9 %20.8 %18.7 %21.6 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.10.00.0
Current ratio0.00.00.10.00.0
Cash and cash equivalents22.2534.0450.3834.1831.25
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:4.34%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:21.6%
Rating: 20/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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