MULTIFUEL ApS — Credit Rating and Financial Key Figures

CVR number: 29533199
Nyvejen 1, Ovstrup 4863 Eskilstrup
pej@multifuel.dk
tel: 54454545

Credit rating

Company information

Official name
MULTIFUEL ApS
Personnel
2 persons
Established
2006
Domicile
Ovstrup
Company form
Private limited company
Industry

About MULTIFUEL ApS

MULTIFUEL ApS (CVR number: 29533199) is a company from GULDBORGSUND. The company reported a net sales of 1.3 mDKK in 2023, demonstrating a growth of 0.3 % compared to the previous year. The operating profit percentage was at 14.7 % (EBIT: 0.2 mDKK), while net earnings were 136.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.3 %, which can be considered good and Return on Equity (ROE) was 12.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 82.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MULTIFUEL ApS's liquidity measured by quick ratio was 5.3 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 (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales1 078.541 429.881 178.461 273.121 276.90
Gross profit881.761 365.771 093.461 152.651 254.24
EBIT71.25254.72118.4198.09188.02
Net earnings68.69241.77110.2270.20136.12
Shareholders equity total610.59852.37962.581 032.791 168.91
Balance sheet total (assets)652.131 190.711 106.111 219.991 414.80
Net debt- 308.20- 831.67- 815.19- 686.75-1 026.53
Profitability
EBIT-%6.6 %17.8 %10.0 %7.7 %14.7 %
ROA11.0 %27.6 %10.3 %8.4 %14.3 %
ROE11.9 %33.1 %12.1 %7.0 %12.4 %
ROI12.0 %34.2 %12.8 %9.6 %16.5 %
Economic value added (EVA)91.76261.08142.48107.05164.21
Solvency
Equity ratio93.6 %71.6 %87.0 %84.7 %82.6 %
Gearing2.0 %1.7 %1.5 %3.8 %3.3 %
Relative net indebtedness %-25.8 %-35.5 %-58.2 %-42.3 %-64.1 %
Liquidity
Quick ratio13.33.27.05.85.3
Current ratio13.33.27.06.05.3
Cash and cash equivalents320.32845.83829.35725.891 064.61
Capital use efficiency
Trade debtors turnover (days)73.055.149.895.965.8
Net working capital %47.3 %52.6 %73.2 %73.3 %83.7 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:14.3%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:82.6%
Rating: 62/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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