MUSEUMSFONDEN — Credit Rating and Financial Key Figures
Credit rating
Company information
About MUSEUMSFONDEN
MUSEUMSFONDEN (CVR number: 11824374) is a company from MORSØ. The company reported a net sales of 0.1 mDKK in 2023, demonstrating a decline of -55.9 % compared to the previous year. The operating profit percentage was poor at -31.9 % (EBIT: -0 mDKK), while net earnings were 159.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.6 %, which can be considered decent and Return on Equity (ROE) was 7.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 55.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. MUSEUMSFONDEN's liquidity measured by quick ratio was 2.9 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 960.12 | 828.17 | 884.99 | 204.13 | 90.08 |
Gross profit | 278.42 | 261.22 | 1 109.52 | 66.70 | 15.14 |
EBIT | 150.21 | 126.07 | 911.25 | 22.82 | -28.77 |
Net earnings | 87.41 | 100.85 | 872.45 | -16.69 | 159.12 |
Shareholders equity total | 1 822.06 | 1 822.91 | 2 609.36 | 1 992.67 | 2 051.79 |
Balance sheet total (assets) | 3 575.59 | 3 486.17 | 4 386.73 | 3 875.25 | 3 711.95 |
Net debt | 523.48 | 573.06 | - 292.28 | - 973.26 | -1 112.78 |
Profitability | |||||
EBIT-% | 15.6 % | 15.2 % | 103.0 % | 11.2 % | -31.9 % |
ROA | 3.9 % | 3.6 % | 23.1 % | 0.6 % | 6.6 % |
ROE | 4.3 % | 5.5 % | 39.4 % | -0.7 % | 7.9 % |
ROI | 4.6 % | 4.1 % | 26.5 % | 0.7 % | 8.1 % |
Economic value added (EVA) | 81.08 | 85.96 | 812.48 | -94.25 | -77.32 |
Solvency | |||||
Equity ratio | 51.0 % | 52.3 % | 59.5 % | 51.4 % | 55.3 % |
Gearing | 69.6 % | 67.6 % | 46.2 % | 58.2 % | 45.7 % |
Relative net indebtedness % | 105.0 % | 121.3 % | 31.5 % | -122.8 % | -433.2 % |
Liquidity | |||||
Quick ratio | 2.3 | 2.7 | 4.5 | 2.9 | 2.9 |
Current ratio | 2.8 | 3.2 | 4.5 | 2.9 | 2.9 |
Cash and cash equivalents | 745.42 | 658.65 | 1 498.49 | 2 133.27 | 2 050.35 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 35.0 | 6.3 | |||
Net working capital % | 95.5 % | 122.6 % | 239.4 % | 729.2 % | 1548.4 % |
Credit risk | |||||
Credit rating | A | A | A | BBB | BBB |
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