MALERMESTER MICHAEL RASMUSSEN ApS — Credit Rating and Financial Key Figures

CVR number: 32322700
Kros Bakke 6, 4390 Vipperød

Credit rating

Company information

Official name
MALERMESTER MICHAEL RASMUSSEN ApS
Personnel
3 persons
Established
2011
Company form
Private limited company
Industry

About MALERMESTER MICHAEL RASMUSSEN ApS

MALERMESTER MICHAEL RASMUSSEN ApS (CVR number: 32322700) is a company from HOLBÆK. The company reported a net sales of 1.4 mDKK in 2023, demonstrating a decline of -29.7 % compared to the previous year. The operating profit percentage was poor at -3.9 % (EBIT: -0.1 mDKK), while net earnings were -33.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.6 %, which can be considered poor and Return on Equity (ROE) was -2.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 79 %, 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. MALERMESTER MICHAEL RASMUSSEN ApS's liquidity measured by quick ratio was 4.6 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales1 429.501 679.352 520.571 989.131 398.62
Gross profit757.48930.601 203.65915.15921.17
EBIT- 107.14461.00463.22123.59-54.44
Net earnings-84.43357.92354.11164.49-33.22
Shareholders equity total487.04844.961 199.061 363.551 271.43
Balance sheet total (assets)753.581 378.311 505.361 592.191 610.21
Net debt- 242.03- 947.57-1 009.59-1 091.70-1 012.79
Profitability
EBIT-%-7.5 %27.5 %18.4 %6.2 %-3.9 %
ROA-13.4 %43.2 %32.1 %8.0 %-2.6 %
ROE-16.0 %53.7 %34.6 %12.8 %-2.5 %
ROI-17.8 %62.5 %42.3 %9.4 %-3.2 %
Economic value added (EVA)-98.13347.18366.4778.23-56.82
Solvency
Equity ratio64.6 %61.3 %79.7 %85.6 %79.0 %
Gearing
Relative net indebtedness %-3.3 %-29.0 %-30.8 %-43.4 %-48.2 %
Liquidity
Quick ratio3.83.06.47.04.6
Current ratio3.83.06.47.04.6
Cash and cash equivalents242.03947.571 009.591 091.701 012.79
Capital use efficiency
Trade debtors turnover (days)61.771.766.837.430.6
Net working capital %37.4 %54.6 %50.4 %68.6 %88.2 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-2.62%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:79.0%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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