Karl Molin Group Holding A/S — Credit Rating and Financial Key Figures

CVR number: 37052264
Ålborgvej 46, 9560 Hadsund

Credit rating

Company information

Official name
Karl Molin Group Holding A/S
Established
2015
Company form
Limited company
Industry

About Karl Molin Group Holding A/S

Karl Molin Group Holding A/S (CVR number: 37052264) is a company from MARIAGERFJORD. The company recorded a gross profit of 121.3 kDKK in 2024. The operating profit was 31.4 kDKK, while net earnings were -95.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.5 %, which can be considered weak but Return on Equity (ROE) was -2.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 70.1 %, 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. Karl Molin Group Holding A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-22.73-15.63213.99- 114.03121.26
EBIT-22.73-15.63136.74- 202.6031.38
Net earnings-1 329.453 066.50-5 001.20626.85-95.84
Shareholders equity total5 317.508 304.003 221.103 763.813 579.96
Balance sheet total (assets)5 394.218 549.234 398.865 333.885 109.15
Net debt166.05736.451 198.841 225.63
Profitability
EBIT-%
ROA-22.3 %44.0 %-76.1 %13.2 %0.5 %
ROE-22.1 %45.0 %-86.8 %17.9 %-2.6 %
ROI-22.6 %44.5 %-79.0 %14.3 %0.5 %
Economic value added (EVA)- 368.86- 282.85- 331.36- 352.22- 217.99
Solvency
Equity ratio98.6 %97.1 %73.2 %70.6 %70.1 %
Gearing2.0 %22.9 %31.9 %34.2 %
Relative net indebtedness %
Liquidity
Quick ratio36.80.41.20.9
Current ratio36.80.41.20.9
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBBBB

Variable visualization

ROA:0.50%
Rating: 22/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:70.1%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chief executive officer
Board member
Board member

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