MUUTO A/S — Credit Rating and Financial Key Figures

CVR number: 28683944
Østergade 36-38, 1100 København K
info@muuto.com
tel: 32969899

Credit rating

Company information

Official name
MUUTO A/S
Personnel
145 persons
Established
2005
Company form
Limited company
Industry

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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales713.41614.601 180.85949.80843.35
Gross profit289.65223.18415.55354.31294.72
EBIT147.2892.09204.79176.02116.53
Net earnings116.7658.02150.86127.6885.99
Shareholders equity total286.48193.03493.24430.91366.91
Balance sheet total (assets)667.13585.49750.67679.69615.78
Net debt219.47187.88- 116.50-85.38-65.48
Profitability
EBIT-%20.6 %15.0 %17.3 %18.5 %13.8 %
ROA29.9 %14.9 %30.9 %24.8 %18.3 %
ROE43.6 %24.2 %44.0 %27.6 %21.6 %
ROI38.5 %18.5 %37.4 %30.0 %22.5 %
Economic value added (EVA)94.1247.73141.02111.4170.38
Solvency
Equity ratio43.0 %33.1 %66.2 %63.9 %59.8 %
Gearing80.0 %100.1 %10.6 %11.4 %15.0 %
Relative net indebtedness %51.3 %62.0 %7.0 %11.4 %14.4 %
Liquidity
Quick ratio1.71.12.11.81.7
Current ratio2.21.62.82.62.4
Cash and cash equivalents9.825.30168.62134.50120.44
Capital use efficiency
Trade debtors turnover (days)34.436.621.124.232.2
Net working capital %28.7 %15.2 %23.0 %23.8 %22.5 %
Credit risk
Credit ratingAAAAAAAAAAAAAAA

Variable visualization

ROA:18.3%
Rating: 71/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:59.8%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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