MALERFIRMAET KARL FREDERIKSEN ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MALERFIRMAET KARL FREDERIKSEN ApS
MALERFIRMAET KARL FREDERIKSEN ApS (CVR number: 34708924) is a company from VORDINGBORG. The company recorded a gross profit of 1177 kDKK in 2021. The operating profit was -377 kDKK, while net earnings were -389.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -30.7 %, which can be considered poor and Return on Equity (ROE) was -78.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 34 %, 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. MALERFIRMAET KARL FREDERIKSEN ApS's liquidity measured by quick ratio was 1.4 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 financials2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2 250.06 | 2 536.32 | 1 571.01 | 1 259.03 | 1 176.98 |
EBIT | 140.10 | 94.36 | -93.87 | - 290.95 | - 377.02 |
Net earnings | 103.60 | 68.66 | 3.13 | - 236.22 | - 389.22 |
Shareholders equity total | 856.58 | 925.24 | 928.38 | 692.16 | 302.94 |
Balance sheet total (assets) | 2 149.01 | 2 020.73 | 1 755.33 | 1 568.24 | 891.31 |
Net debt | - 887.13 | - 547.32 | -1 127.34 | - 666.71 | - 419.75 |
Profitability | |||||
EBIT-% | |||||
ROA | 6.5 % | 4.5 % | -4.8 % | -17.5 % | -30.7 % |
ROE | 12.9 % | 7.7 % | 0.3 % | -29.2 % | -78.2 % |
ROI | 17.4 % | 10.6 % | -9.7 % | -33.2 % | -69.0 % |
Economic value added (EVA) | 121.26 | 73.94 | -85.64 | - 217.17 | - 380.93 |
Solvency | |||||
Equity ratio | 39.9 % | 45.8 % | 52.9 % | 45.0 % | 34.0 % |
Gearing | 0.3 % | 0.7 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.1 | 1.2 | 2.1 | 2.0 | 1.4 |
Current ratio | 1.1 | 1.2 | 2.1 | 2.0 | 1.4 |
Cash and cash equivalents | 887.13 | 547.32 | 1 127.34 | 668.75 | 421.81 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BB |
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