MURERMESTER RENE GODTHÅB LARSEN A/S — Credit Rating and Financial Key Figures

CVR number: 26092523
Romancevej 22, 2730 Herlev
rg@rg-as.dk
tel: 44840870

Credit rating

Company information

Official name
MURERMESTER RENE GODTHÅB LARSEN A/S
Personnel
30 persons
Established
2001
Company form
Limited company
Industry

About MURERMESTER RENE GODTHÅB LARSEN A/S

MURERMESTER RENE GODTHÅB LARSEN A/S (CVR number: 26092523) is a company from HERLEV. The company reported a net sales of 59.4 mDKK in 2023, demonstrating a growth of 13.8 % compared to the previous year. The operating profit percentage was at 3.2 % (EBIT: 1.9 mDKK), while net earnings were 1242.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.5 %, which can be considered good but Return on Equity (ROE) was 34.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 22.2 %, 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. MURERMESTER RENE GODTHÅB LARSEN A/S's liquidity measured by quick ratio was 1.9 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 (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales43.6832.5028.2152.1759.37
Gross profit4.105.071.736.997.72
EBIT1.162.70-0.801.361.91
Net earnings0.822.01-0.720.941.24
Shareholders equity total3.194.382.042.984.23
Balance sheet total (assets)7.6410.636.4614.1519.04
Net debt-2.15-3.801.671.946.63
Profitability
EBIT-%2.6 %8.3 %-2.8 %2.6 %3.2 %
ROA15.6 %30.4 %-8.8 %13.4 %11.5 %
ROE24.8 %53.1 %-22.5 %37.5 %34.5 %
ROI37.3 %72.3 %-18.3 %31.7 %24.2 %
Economic value added (EVA)0.722.01-0.680.851.24
Solvency
Equity ratio41.8 %41.2 %31.6 %21.1 %22.2 %
Gearing1.0 %0.1 %81.9 %64.9 %156.9 %
Relative net indebtedness %5.1 %7.4 %15.5 %21.4 %25.0 %
Liquidity
Quick ratio1.71.72.01.41.9
Current ratio1.71.72.01.41.9
Cash and cash equivalents2.183.80
Capital use efficiency
Trade debtors turnover (days)32.853.265.685.495.7
Net working capital %6.9 %12.6 %10.6 %7.7 %14.9 %
Credit risk
Credit ratingBBBABBBBBBBBB

Variable visualization

ROA:11.5%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:22.2%
Rating: 21/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

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