MUSEUMSFONDEN — Credit Rating and Financial Key Figures

CVR number: 11824374
Dueholmgade 9, 7900 Nykøbing M
henny.holm@museummors.dk
tel: 97723421

Credit rating

Company information

Official name
MUSEUMSFONDEN
Established
1999
Industry
  • Expand more icon91Libraries, archives, museums and other cultural activities

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales960.12828.17884.99204.1390.08
Gross profit278.42261.221 109.5266.7015.14
EBIT150.21126.07911.2522.82-28.77
Net earnings87.41100.85872.45-16.69159.12
Shareholders equity total1 822.061 822.912 609.361 992.672 051.79
Balance sheet total (assets)3 575.593 486.174 386.733 875.253 711.95
Net debt523.48573.06- 292.28- 973.26-1 112.78
Profitability
EBIT-%15.6 %15.2 %103.0 %11.2 %-31.9 %
ROA3.9 %3.6 %23.1 %0.6 %6.6 %
ROE4.3 %5.5 %39.4 %-0.7 %7.9 %
ROI4.6 %4.1 %26.5 %0.7 %8.1 %
Economic value added (EVA)81.0885.96812.48-94.25-77.32
Solvency
Equity ratio51.0 %52.3 %59.5 %51.4 %55.3 %
Gearing69.6 %67.6 %46.2 %58.2 %45.7 %
Relative net indebtedness %105.0 %121.3 %31.5 %-122.8 %-433.2 %
Liquidity
Quick ratio2.32.74.52.92.9
Current ratio2.83.24.52.92.9
Cash and cash equivalents745.42658.651 498.492 133.272 050.35
Capital use efficiency
Trade debtors turnover (days)35.06.3
Net working capital %95.5 %122.6 %239.4 %729.2 %1548.4 %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:6.57%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:55.3%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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