Munch & Østergaard ApS — Credit Rating and Financial Key Figures

CVR number: 39232340
Nordborgvej 15, 8600 Silkeborg
michael.munch@brandit.com

Company information

Official name
Munch & Østergaard ApS
Established
2018
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-1.29-0.80-1.44154.69-16.40
EBIT-1.29-0.80-1.44154.69-16.40
Net earnings11.7624.87101.122 645.3026.90
Shareholders equity total62.8387.70188.812 776.922 381.81
Balance sheet total (assets)67.6392.50193.622 812.132 404.51
Net debt-37.25-33.68-31.85-2 806.72-2 399.69
Profitability
EBIT-%
ROA20.0 %31.4 %71.0 %183.8 %1.5 %
ROE20.7 %33.0 %73.1 %178.4 %1.0 %
ROI20.8 %32.3 %71.4 %185.7 %1.5 %
Economic value added (EVA)-1.070.270.94129.31-13.90
Solvency
Equity ratio92.9 %94.8 %97.5 %98.7 %99.1 %
Gearing2.1 %4.3 %2.0 %0.2 %0.2 %
Relative net indebtedness %
Liquidity
Quick ratio8.07.87.4107.7158.9
Current ratio8.07.87.4107.7158.9
Cash and cash equivalents38.5537.4835.652 812.132 404.51
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:1.50%
Rating: 27/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.1%
Rating: 85/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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