TØMRERMESTER MICHAEL ANDERSEN ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TØMRERMESTER MICHAEL ANDERSEN ApS
TØMRERMESTER MICHAEL ANDERSEN ApS (CVR number: 29210772) is a company from ODENSE. The company recorded a gross profit of 571.7 kDKK in 2023. The operating profit was -26.7 kDKK, while net earnings were 241.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.9 %, which can be considered good but Return on Equity (ROE) was 5.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 68.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. TØMRERMESTER MICHAEL ANDERSEN ApS's liquidity measured by quick ratio was 1.6 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 | 13.86 | 261.82 | 361.75 | 696.51 | 571.75 |
EBIT | - 568.31 | - 235.35 | 307.24 | 352.00 | -26.66 |
Net earnings | 463.53 | 1 054.58 | 754.33 | 657.35 | 241.74 |
Shareholders equity total | 2 045.28 | 3 099.87 | 3 854.20 | 4 511.55 | 4 753.28 |
Balance sheet total (assets) | 4 986.51 | 6 191.11 | 6 890.31 | 4 700.85 | 6 922.76 |
Net debt | -1 060.33 | 309.92 | - 254.14 | -3 096.53 | - 587.20 |
Profitability | |||||
EBIT-% | |||||
ROA | 13.2 % | 24.0 % | 16.2 % | 29.4 % | 9.9 % |
ROE | 25.6 % | 41.0 % | 21.7 % | 15.7 % | 5.2 % |
ROI | 13.8 % | 25.0 % | 16.9 % | 30.6 % | 10.3 % |
Economic value added (EVA) | - 562.87 | - 235.49 | 106.01 | 264.15 | -74.88 |
Solvency | |||||
Equity ratio | 41.0 % | 50.1 % | 55.9 % | 96.0 % | 68.7 % |
Gearing | 136.4 % | 90.2 % | 71.7 % | 0.0 % | 38.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 22.4 | 16.8 | 21.5 | 21.4 | 1.6 |
Current ratio | 22.4 | 16.8 | 21.5 | 21.4 | 1.6 |
Cash and cash equivalents | 3 849.68 | 2 485.96 | 3 016.50 | 3 098.77 | 2 416.67 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | A |
Variable visualization
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