MOGENSEN VVS COMFORT A/S
Credit rating
Company information
About MOGENSEN VVS COMFORT A/S
MOGENSEN VVS COMFORT A/S (CVR number: 30695305) is a company from HOLSTEBRO. The company recorded a gross profit of 4217.4 kDKK in 2023. The operating profit was -1072.3 kDKK, while net earnings were -969.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.1 %, which can be considered poor and Return on Equity (ROE) was -10.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 35.8 %, 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. MOGENSEN VVS COMFORT A/S's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 10 075.22 | 9 501.65 | 5 573.42 | 7 256.56 | 4 217.35 |
EBIT | 4 749.88 | 4 772.24 | 784.87 | 2 283.31 | -1 072.34 |
Net earnings | 3 648.66 | 3 582.98 | 488.67 | 1 708.68 | - 969.41 |
Shareholders equity total | 13 249.99 | 11 082.98 | 9 071.65 | 10 280.32 | 7 610.92 |
Balance sheet total (assets) | 24 791.39 | 23 847.34 | 21 325.77 | 20 326.92 | 21 257.83 |
Net debt | - 315.67 | -1 193.25 | 2 633.04 | 758.34 | 4 567.07 |
Profitability | |||||
EBIT-% | |||||
ROA | 19.6 % | 19.6 % | 3.5 % | 11.2 % | -5.1 % |
ROE | 29.4 % | 29.4 % | 4.8 % | 17.7 % | -10.8 % |
ROI | 30.2 % | 30.6 % | 5.5 % | 17.7 % | -8.2 % |
Economic value added (EVA) | 3 116.75 | 3 072.98 | 212.44 | 1 329.25 | -1 360.18 |
Solvency | |||||
Equity ratio | 53.6 % | 46.5 % | 42.5 % | 50.6 % | 35.8 % |
Gearing | 0.4 % | 17.6 % | 29.1 % | 7.5 % | 60.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.3 | 1.7 | 1.5 | 1.8 | 1.3 |
Current ratio | 2.6 | 2.0 | 1.8 | 2.2 | 1.5 |
Cash and cash equivalents | 368.33 | 3 143.16 | 7.75 | 8.42 | 10.15 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | BBB | A | BB |
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