Tømrer - Snedker Michael Ørum ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Tømrer - Snedker Michael Ørum ApS
Tømrer - Snedker Michael Ørum ApS (CVR number: 40842551) is a company from FAXE. The company recorded a gross profit of 470.3 kDKK in 2023. The operating profit was -155.4 kDKK, while net earnings were -131.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -16.9 %, which can be considered poor and Return on Equity (ROE) was -39 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 37.5 %, 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. Tømrer - Snedker Michael Ørum ApS's liquidity measured by quick ratio was 1.5 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 financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | 1 650.57 | 1 406.47 | 1 713.23 | 470.31 |
EBIT | 366.07 | 77.61 | 250.69 | - 155.41 |
Net earnings | 270.79 | 48.06 | 187.69 | - 131.66 |
Shareholders equity total | 310.79 | 302.35 | 432.84 | 242.28 |
Balance sheet total (assets) | 1 171.45 | 840.98 | 1 195.49 | 646.26 |
Net debt | - 887.41 | - 416.79 | - 856.96 | -5.75 |
Profitability | ||||
EBIT-% | ||||
ROA | 31.2 % | 7.3 % | 24.6 % | -16.9 % |
ROE | 87.1 % | 15.7 % | 51.1 % | -39.0 % |
ROI | 115.9 % | 23.6 % | 67.4 % | -32.1 % |
Economic value added (EVA) | 282.80 | 88.02 | 199.46 | - 102.27 |
Solvency | ||||
Equity ratio | 26.5 % | 36.0 % | 36.2 % | 37.5 % |
Gearing | 118.8 % | |||
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 1.3 | 1.4 | 1.5 | 1.5 |
Current ratio | 1.3 | 1.4 | 1.5 | 1.5 |
Cash and cash equivalents | 887.41 | 416.79 | 856.96 | 293.69 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BBB | BBB | BBB | BBB |
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