MK-Gulve ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MK-Gulve ApS
MK-Gulve ApS (CVR number: 39252155) is a company from HERNING. The company reported a net sales of 1.5 mDKK in 2024, demonstrating a decline of -6 % compared to the previous year. The operating profit percentage was at 2.5 % (EBIT: 0 mDKK), while net earnings were 16.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.5 %, which can be considered decent but Return on Equity (ROE) was 3.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 59.4 %, 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. MK-Gulve ApS's liquidity measured by quick ratio was 1.2 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 2 133.12 | 2 095.65 | 2 462.96 | 1 554.92 | 1 462.37 |
Gross profit | 1 416.10 | 1 121.53 | 1 365.48 | 477.53 | 587.76 |
EBIT | - 196.49 | 77.48 | 283.27 | - 105.99 | 36.57 |
Net earnings | - 156.30 | 57.81 | 217.50 | -98.27 | 16.27 |
Shareholders equity total | 476.92 | 534.73 | 752.23 | 503.96 | 520.23 |
Balance sheet total (assets) | 918.54 | 1 099.22 | 1 145.56 | 731.66 | 876.35 |
Net debt | - 108.07 | - 213.35 | - 203.25 | -23.51 | -51.36 |
Profitability | |||||
EBIT-% | -9.2 % | 3.7 % | 11.5 % | -6.8 % | 2.5 % |
ROA | -19.3 % | 7.7 % | 25.2 % | -11.1 % | 4.5 % |
ROE | -28.2 % | 11.4 % | 33.8 % | -15.6 % | 3.2 % |
ROI | -31.6 % | 13.9 % | 41.3 % | -15.3 % | 6.4 % |
Economic value added (EVA) | - 192.08 | 33.23 | 190.46 | - 137.53 | -2.72 |
Solvency | |||||
Equity ratio | 51.9 % | 48.6 % | 65.7 % | 68.9 % | 59.4 % |
Gearing | 7.1 % | 4.7 % | |||
Relative net indebtedness % | 12.9 % | 14.7 % | 6.1 % | 8.8 % | 17.3 % |
Liquidity | |||||
Quick ratio | 0.9 | 1.1 | 1.7 | 1.3 | 1.2 |
Current ratio | 1.0 | 1.3 | 2.0 | 2.0 | 1.6 |
Cash and cash equivalents | 108.07 | 213.35 | 203.25 | 59.18 | 76.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 7.5 | 10.3 | 20.1 | 11.8 | 23.1 |
Net working capital % | 0.2 % | 6.6 % | 14.6 % | 12.7 % | 14.2 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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