FLEMMING MUNK ApS — Credit Rating and Financial Key Figures

CVR number: 75929218
Industrivej 10, Assens 9550 Mariager
tel: 98584057

Credit rating

Company information

Official name
FLEMMING MUNK ApS
Established
1984
Domicile
Assens
Company form
Private limited company
Industry
  • Expand more icon43Specialised construction activities

About FLEMMING MUNK ApS

FLEMMING MUNK ApS (CVR number: 75929218) is a company from MARIAGERFJORD. The company recorded a gross profit of 122.5 kDKK in 2023. The operating profit was 102.6 kDKK, while net earnings were 748.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.6 %, which can be considered excellent but Return on Equity (ROE) was 15 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 83.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FLEMMING MUNK ApS's liquidity measured by quick ratio was 0.5 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 profit96.60139.17142.78147.13122.47
EBIT55.2296.78100.39106.62102.58
Net earnings-38.46778.07- 548.66702.92748.20
Shareholders equity total4 079.684 747.154 085.494 674.015 304.40
Balance sheet total (assets)5 567.736 532.885 754.455 850.926 359.93
Net debt348.35126.37- 142.75- 334.33- 213.93
Profitability
EBIT-%
ROA1.0 %19.1 %3.8 %14.9 %16.6 %
ROE-0.9 %17.6 %-12.4 %16.0 %15.0 %
ROI1.2 %24.1 %5.0 %18.9 %19.9 %
Economic value added (EVA)- 178.55- 146.33- 139.26- 101.42- 132.57
Solvency
Equity ratio73.3 %72.7 %71.0 %79.9 %83.4 %
Gearing10.9 %7.3 %6.0 %3.0 %0.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.20.80.81.00.5
Current ratio1.20.80.81.00.5
Cash and cash equivalents98.16219.15387.42474.80250.33
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBA

Variable visualization

ROA:16.6%
Rating: 69/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:83.4%
Rating: 63/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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