MALERFIRMAET 10KANTEN A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About MALERFIRMAET 10KANTEN A/S
MALERFIRMAET 10KANTEN A/S (CVR number: 26263921) is a company from HILLERØD. The company recorded a gross profit of 23.2 mDKK in 2023. The operating profit was -860.7 kDKK, while net earnings were -762.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.5 %, which can be considered poor and Return on Equity (ROE) was -15 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 27.9 %, 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. MALERFIRMAET 10KANTEN A/S's liquidity measured by quick ratio was 1.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 35 212.29 | 29 237.30 | 26 182.74 | 28 630.74 | 23 194.97 |
EBIT | -6.76 | 1 619.36 | 1 719.71 | 396.09 | - 860.67 |
Net earnings | 147.37 | 1 316.13 | 993.31 | 126.47 | - 762.15 |
Shareholders equity total | 4 540.79 | 5 856.92 | 5 550.23 | 5 477.21 | 4 715.07 |
Balance sheet total (assets) | 17 944.93 | 20 485.78 | 23 822.60 | 21 599.64 | 16 875.48 |
Net debt | 544.74 | -1 717.97 | 25.79 | 3 867.92 | 2 054.47 |
Profitability | |||||
EBIT-% | |||||
ROA | 0.5 % | 9.1 % | 8.4 % | 2.5 % | -3.5 % |
ROE | 3.3 % | 25.3 % | 17.4 % | 2.3 % | -15.0 % |
ROI | 1.5 % | 22.9 % | 18.0 % | 5.1 % | -7.6 % |
Economic value added (EVA) | - 226.20 | 1 107.05 | 820.14 | 88.78 | - 993.12 |
Solvency | |||||
Equity ratio | 26.2 % | 29.2 % | 23.4 % | 25.4 % | 27.9 % |
Gearing | 12.0 % | 9.2 % | 47.8 % | 70.6 % | 46.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.5 | 1.7 | 1.6 | 1.6 | 1.7 |
Current ratio | 1.4 | 1.7 | 1.6 | 1.6 | 1.8 |
Cash and cash equivalents | 2 258.26 | 2 626.41 | 117.41 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A | BBB | BBB |
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