MUHECO HANDEL A/S — Credit Rating and Financial Key Figures

CVR number: 14426094
Industrivej 13, 6650 Brørup
post@muheco.dk
tel: 75384045

Company information

Official name
MUHECO HANDEL A/S
Personnel
14 persons
Established
1990
Company form
Limited company
Industry

About MUHECO HANDEL A/S

MUHECO HANDEL A/S (CVR number: 14426094) is a company from VEJEN. The company recorded a gross profit of 8443.7 kDKK in 2023. The operating profit was 1990.6 kDKK, while net earnings were 1424 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.6 %, which can be considered good and Return on Equity (ROE) was 11.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 55 %, 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. MUHECO HANDEL A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit6 921.797 816.627 477.677 764.518 443.75
EBIT969.381 998.071 377.221 603.531 990.62
Net earnings702.031 491.381 044.681 198.421 424.00
Shareholders equity total8 188.339 679.7110 724.3911 422.8112 846.81
Balance sheet total (assets)16 219.4916 970.5018 792.0719 045.4723 361.90
Net debt472.48683.821 376.73403.942 387.99
Profitability
EBIT-%
ROA6.3 %12.1 %8.0 %8.7 %9.6 %
ROE9.0 %16.7 %10.2 %10.8 %11.7 %
ROI10.4 %20.0 %12.5 %13.1 %14.2 %
Economic value added (EVA)380.421 176.24602.93711.561 028.79
Solvency
Equity ratio50.5 %57.0 %57.1 %60.0 %55.0 %
Gearing13.9 %10.2 %13.0 %12.8 %22.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.90.91.00.7
Current ratio1.61.92.02.21.6
Cash and cash equivalents667.68308.2212.701 060.62451.76
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:9.56%
Rating: 56/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:55.0%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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