Munch & Østergaard ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Munch & Østergaard ApS
Munch & Østergaard ApS (CVR number: 39232340) is a company from SILKEBORG. The company recorded a gross profit of -16.4 kDKK in 2023. The operating profit was -16.4 kDKK, while net earnings were 26.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.5 %, which can be considered weak and Return on Equity (ROE) was 1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Munch & Østergaard ApS's liquidity measured by quick ratio was 158.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -1.29 | -0.80 | -1.44 | 154.69 | -16.40 |
EBIT | -1.29 | -0.80 | -1.44 | 154.69 | -16.40 |
Net earnings | 11.76 | 24.87 | 101.12 | 2 645.30 | 26.90 |
Shareholders equity total | 62.83 | 87.70 | 188.81 | 2 776.92 | 2 381.81 |
Balance sheet total (assets) | 67.63 | 92.50 | 193.62 | 2 812.13 | 2 404.51 |
Net debt | -37.25 | -33.68 | -31.85 | -2 806.72 | -2 399.69 |
Profitability | |||||
EBIT-% | |||||
ROA | 20.0 % | 31.4 % | 71.0 % | 183.8 % | 1.5 % |
ROE | 20.7 % | 33.0 % | 73.1 % | 178.4 % | 1.0 % |
ROI | 20.8 % | 32.3 % | 71.4 % | 185.7 % | 1.5 % |
Economic value added (EVA) | -1.07 | 0.27 | 0.94 | 129.31 | -13.90 |
Solvency | |||||
Equity ratio | 92.9 % | 94.8 % | 97.5 % | 98.7 % | 99.1 % |
Gearing | 2.1 % | 4.3 % | 2.0 % | 0.2 % | 0.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 8.0 | 7.8 | 7.4 | 107.7 | 158.9 |
Current ratio | 8.0 | 7.8 | 7.4 | 107.7 | 158.9 |
Cash and cash equivalents | 38.55 | 37.48 | 35.65 | 2 812.13 | 2 404.51 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BBB | BB | BB |
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