GEA FARM TECHNOLOGIES MULLERUP A/S — Credit Rating and Financial Key Figures

CVR number: 24379612
Norgesvej 14, 4200 Slagelse

Credit rating

Company information

Official name
GEA FARM TECHNOLOGIES MULLERUP A/S
Personnel
11 persons
Established
1937
Company form
Limited company
Industry

About GEA FARM TECHNOLOGIES MULLERUP A/S

GEA FARM TECHNOLOGIES MULLERUP A/S (CVR number: 24379612) is a company from SLAGELSE. The company recorded a gross profit of 15.5 mDKK in 2023. The operating profit was 7047.5 kDKK, while net earnings were 4852.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.7 %, which can be considered good and Return on Equity (ROE) was 11.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at -13.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. GEA FARM TECHNOLOGIES MULLERUP A/S's liquidity measured by quick ratio was 0.9 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit14 063.4821 532.3017 000.4929 984.7815 506.01
EBIT-2 741.227 356.791 548.3516 697.487 047.55
Net earnings-4 278.894 833.251 078.9412 452.124 852.74
Shareholders equity total-27 349.53-22 516.28-21 437.34-8 985.22-4 132.48
Balance sheet total (assets)31 812.7741 016.5739 423.3460 845.3925 890.41
Net debt48 939.5742 655.6546 236.7853 487.6923 688.84
Profitability
EBIT-%
ROA-4.4 %12.3 %2.5 %25.6 %14.7 %
ROE-11.6 %13.3 %2.7 %24.8 %11.2 %
ROI-5.2 %15.8 %3.4 %33.0 %18.5 %
Economic value added (EVA)-1 975.726 999.102 429.2214 074.606 098.77
Solvency
Equity ratio-46.2 %-40.0 %-35.2 %-13.2 %-13.8 %
Gearing-179.3 %-194.8 %-217.8 %-599.8 %-581.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.40.40.80.9
Current ratio0.40.60.60.80.9
Cash and cash equivalents109.391 216.96446.66407.96341.15
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBABBB

Variable visualization

ROA:14.7%
Rating: 66/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-13.8%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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