Murer og Entreprenørmester Folmer Nielsen & Søn ApS — Credit Rating and Financial Key Figures

CVR number: 41353872
Nygårdsvej 6, Vejleby 4534 Hørve

Company information

Official name
Murer og Entreprenørmester Folmer Nielsen & Søn ApS
Personnel
25 persons
Established
2020
Domicile
Vejleby
Company form
Private limited company
Industry

About Murer og Entreprenørmester Folmer Nielsen & Søn ApS

Murer og Entreprenørmester Folmer Nielsen & Søn ApS (CVR number: 41353872) is a company from ODSHERRED. The company recorded a gross profit of 6210.8 kDKK in 2023. The operating profit was -854 kDKK, while net earnings were -689.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -14 %, which can be considered poor and Return on Equity (ROE) was -75.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 11 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Murer og Entreprenørmester Folmer Nielsen & Søn ApS's liquidity measured by quick ratio was 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
Volume
Net sales
Gross profit1 320.081 837.9414 661.526 210.77
EBIT701.77- 527.251 691.36- 853.99
Net earnings515.41- 433.251 135.64- 689.25
Shareholders equity total555.41122.161 257.80568.56
Balance sheet total (assets)1 783.442 055.837 044.335 170.66
Net debt- 187.66- 682.86-2 454.64443.70
Profitability
EBIT-%
ROA39.3 %-27.5 %37.2 %-14.0 %
ROE92.8 %-127.9 %164.6 %-75.5 %
ROI120.4 %-92.7 %179.7 %-53.5 %
Economic value added (EVA)520.67- 442.051 213.65- 612.21
Solvency
Equity ratio31.1 %5.9 %17.9 %11.0 %
Gearing5.0 %353.5 %5.4 %227.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.11.21.1
Current ratio1.41.11.21.1
Cash and cash equivalents215.171 114.722 522.53850.45
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:-14.0%
Rating: 6/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:11.0%
Rating: 11/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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