MICHAEL GERTSENS MURERFIRMA ApS — Credit Rating and Financial Key Figures

CVR number: 21306096
Søndergade 1, 8881 Thorsø
tel: 20300777

Company information

Official name
MICHAEL GERTSENS MURERFIRMA ApS
Personnel
32 persons
Established
1998
Company form
Private limited company
Industry

About MICHAEL GERTSENS MURERFIRMA ApS

MICHAEL GERTSENS MURERFIRMA ApS (CVR number: 21306096) is a company from FAVRSKOV. The company recorded a gross profit of 13.6 mDKK in 2023. The operating profit was 743.9 kDKK, while net earnings were 572.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.2 %, which can be considered decent but Return on Equity (ROE) was 12.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 43.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. MICHAEL GERTSENS MURERFIRMA ApS's liquidity measured by quick ratio was 1.8 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit13 143.8313 496.4814 149.8715 676.6513 619.31
EBIT2 394.262 611.472 845.222 860.99743.89
Net earnings1 854.052 025.502 186.202 200.03572.54
Shareholders equity total3 977.784 453.284 914.485 228.514 101.04
Balance sheet total (assets)15 198.5210 929.6512 260.4611 148.379 458.32
Net debt332.65- 909.79- 410.63-1 133.22-11.96
Profitability
EBIT-%
ROA20.1 %20.0 %24.5 %24.5 %7.2 %
ROE50.8 %48.0 %46.7 %43.4 %12.3 %
ROI56.4 %49.9 %51.4 %52.0 %15.9 %
Economic value added (EVA)1 773.091 834.312 037.131 998.22370.44
Solvency
Equity ratio26.2 %40.7 %40.1 %46.9 %43.4 %
Gearing8.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.51.91.82.01.8
Current ratio1.51.91.92.01.8
Cash and cash equivalents909.79410.631 133.2211.96
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAAA

Variable visualization

ROA:7.22%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:43.4%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

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