Malerfirmaet-MJ ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Malerfirmaet-MJ ApS
Malerfirmaet-MJ ApS (CVR number: 38723774) is a company from RINGSTED. The company recorded a gross profit of 458 kDKK in 2023. The operating profit was -11.8 kDKK, while net earnings were -5.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.5 %, which can be considered poor and Return on Equity (ROE) was -3.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 55.7 %, 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. Malerfirmaet-MJ ApS's liquidity measured by quick ratio was 2.3 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 | 591.34 | 519.11 | 544.93 | 417.76 | 458.03 |
| EBIT | -7.28 | 21.49 | 65.99 | 20.45 | -11.80 |
| Net earnings | 9.18 | 16.29 | 50.31 | 14.19 | -5.71 |
| Shareholders equity total | 78.61 | 94.90 | 145.21 | 159.39 | 153.68 |
| Balance sheet total (assets) | 215.52 | 276.80 | 276.85 | 250.01 | 275.88 |
| Net debt | - 191.06 | - 264.15 | - 227.16 | - 163.32 | - 165.92 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -3.0 % | 8.7 % | 23.8 % | 7.8 % | -4.5 % |
| ROE | 12.4 % | 18.8 % | 41.9 % | 9.3 % | -3.6 % |
| ROI | -9.8 % | 24.8 % | 55.0 % | 13.4 % | -7.5 % |
| Economic value added (EVA) | -1.24 | 22.41 | 59.99 | 19.72 | -8.18 |
| Solvency | |||||
| Equity ratio | 36.5 % | 34.3 % | 52.5 % | 63.8 % | 55.7 % |
| Gearing | |||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.5 | 1.5 | 2.1 | 2.8 | 2.3 |
| Current ratio | 1.6 | 1.5 | 2.1 | 2.8 | 2.3 |
| Cash and cash equivalents | 191.06 | 264.15 | 227.16 | 163.32 | 165.92 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | BB | BBB | BBB |
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