MUUTO A/S
Credit rating
Company information
About MUUTO A/S
MUUTO A/S (CVR number: 28683944) is a company from KØBENHAVN. The company reported a net sales of 843.3 mDKK in 2023, demonstrating a decline of -11.2 % compared to the previous year. The operating profit percentage was at 13.8 % (EBIT: 116.5 mDKK), while net earnings were 86 mDKK. The profitability of the company measured by Return on Assets (ROA) was 18.3 %, which can be considered excellent and Return on Equity (ROE) was 21.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 59.8 %, 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. MUUTO A/S's liquidity measured by quick ratio was 1.7 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 (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 713.41 | 614.60 | 1 180.85 | 949.80 | 843.35 |
Gross profit | 289.65 | 223.18 | 415.55 | 354.31 | 294.72 |
EBIT | 147.28 | 92.09 | 204.79 | 176.02 | 116.53 |
Net earnings | 116.76 | 58.02 | 150.86 | 127.68 | 85.99 |
Shareholders equity total | 286.48 | 193.03 | 493.24 | 430.91 | 366.91 |
Balance sheet total (assets) | 667.13 | 585.49 | 750.67 | 679.69 | 615.78 |
Net debt | 219.47 | 187.88 | - 116.50 | -85.38 | -65.48 |
Profitability | |||||
EBIT-% | 20.6 % | 15.0 % | 17.3 % | 18.5 % | 13.8 % |
ROA | 29.9 % | 14.9 % | 30.9 % | 24.8 % | 18.3 % |
ROE | 43.6 % | 24.2 % | 44.0 % | 27.6 % | 21.6 % |
ROI | 38.5 % | 18.5 % | 37.4 % | 30.0 % | 22.5 % |
Economic value added (EVA) | 94.12 | 47.73 | 141.02 | 111.41 | 70.38 |
Solvency | |||||
Equity ratio | 43.0 % | 33.1 % | 66.2 % | 63.9 % | 59.8 % |
Gearing | 80.0 % | 100.1 % | 10.6 % | 11.4 % | 15.0 % |
Relative net indebtedness % | 51.3 % | 62.0 % | 7.0 % | 11.4 % | 14.4 % |
Liquidity | |||||
Quick ratio | 1.7 | 1.1 | 2.1 | 1.8 | 1.7 |
Current ratio | 2.2 | 1.6 | 2.8 | 2.6 | 2.4 |
Cash and cash equivalents | 9.82 | 5.30 | 168.62 | 134.50 | 120.44 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 34.4 | 36.6 | 21.1 | 24.2 | 32.2 |
Net working capital % | 28.7 % | 15.2 % | 23.0 % | 23.8 % | 22.5 % |
Credit risk | |||||
Credit rating | AA | AA | AA | AAA | AAA |
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