Mullins of Denmark ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Mullins of Denmark ApS
Mullins of Denmark ApS (CVR number: 42088943) is a company from AARHUS. The company recorded a gross profit of -5.3 kDKK in 2024. The operating profit was -5.3 kDKK, while net earnings were 709.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 37.4 %, which can be considered excellent and Return on Equity (ROE) was 44.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 80.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Mullins of Denmark ApS's liquidity measured by quick ratio was 5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | -6.25 | -5.00 | -5.25 | |
EBIT | -6.25 | -5.00 | -5.25 | |
Net earnings | 873.36 | 491.87 | 709.06 | |
Shareholders equity total | 913.36 | 1 290.83 | 1 882.08 | |
Balance sheet total (assets) | 919.61 | 1 449.18 | 2 342.34 | |
Net debt | - 681.71 | - 785.41 | ||
Profitability | ||||
EBIT-% | ||||
ROA | 95.0 % | 33.9 % | 37.4 % | |
ROE | 95.6 % | 38.1 % | 44.7 % | |
ROI | 95.6 % | 37.9 % | 41.1 % | |
Economic value added (EVA) | -6.25 | 0.31 | -3.90 | 24.17 |
Solvency | ||||
Equity ratio | 99.3 % | 89.1 % | 80.4 % | |
Gearing | 0.3 % | 14.7 % | ||
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 82.2 | 5.0 | ||
Current ratio | 82.2 | 5.0 | ||
Cash and cash equivalents | 685.60 | 1 061.67 | ||
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | A | AA | AA |
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