Mushu Group ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Mushu Group ApS
Mushu Group ApS (CVR number: 40939229) is a company from KØBENHAVN. The company recorded a gross profit of -9.4 kDKK in 2024. The operating profit was -27.4 kDKK, while net earnings were 2359.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 43.8 %, which can be considered excellent and Return on Equity (ROE) was 57.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 68.8 %, 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. Mushu Group 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 131.50 | ||||
| Gross profit | 112.98 | 399.04 | -5.04 | -5.12 | -9.40 |
| EBIT | 112.98 | 378.09 | -5.04 | -5.12 | -27.40 |
| Net earnings | 99.36 | 440.58 | 452.97 | 1 175.37 | 2 359.69 |
| Shareholders equity total | 139.36 | 579.94 | 1 032.91 | 2 929.17 | 5 227.87 |
| Balance sheet total (assets) | 153.99 | 731.54 | 1 821.57 | 4 113.87 | 7 593.57 |
| Net debt | - 153.91 | - 367.86 | 428.86 | 117.03 | - 238.60 |
| Profitability | |||||
| EBIT-% | 85.9 % | ||||
| ROA | 82.7 % | 138.7 % | 63.5 % | 44.9 % | 43.8 % |
| ROE | 71.3 % | 122.5 % | 56.2 % | 59.3 % | 57.9 % |
| ROI | 91.3 % | 170.7 % | 70.9 % | 46.7 % | 49.8 % |
| Economic value added (EVA) | 88.14 | 295.63 | -12.57 | -15.68 | -38.55 |
| Solvency | |||||
| Equity ratio | 90.5 % | 79.3 % | 56.7 % | 71.2 % | 68.8 % |
| Gearing | 0.1 % | 0.0 % | 65.3 % | 36.5 % | 20.3 % |
| Relative net indebtedness % | -106.0 % | ||||
| Liquidity | |||||
| Quick ratio | 14.5 | 19.2 | 1.0 | 2.0 | 1.6 |
| Current ratio | 14.5 | 19.2 | 1.0 | 2.0 | 1.6 |
| Cash and cash equivalents | 153.99 | 367.94 | 246.07 | 952.07 | 1 301.30 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | 2.8 % | ||||
| Credit risk | |||||
| Credit rating | BB | BBB | BBB | BBB | A |
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