MØLLEVEJ 14 AARS ApS — Credit Rating and Financial Key Figures

CVR number: 27971091
Dronningholmvej 7, 9600 Aars

Company information

Official name
MØLLEVEJ 14 AARS ApS
Established
2004
Company form
Private limited company
Industry

About MØLLEVEJ 14 AARS ApS

MØLLEVEJ 14 AARS ApS (CVR number: 27971091) is a company from VESTHIMMERLANDS. The company recorded a gross profit of 313 kDKK in 2023. The operating profit was 281 kDKK, while net earnings were 211.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.3 %, which can be considered good but Return on Equity (ROE) was 44.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 17.9 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. MØLLEVEJ 14 AARS 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit273.66258.13232.64110.82312.97
EBIT241.44225.91200.4278.61280.97
Net earnings175.41163.13146.1353.39211.67
Shareholders equity total560.50323.62319.75373.14584.81
Balance sheet total (assets)3 665.343 426.613 298.793 192.523 273.01
Net debt2 699.252 668.282 630.712 485.132 328.86
Profitability
EBIT-%
ROA7.5 %7.1 %6.6 %3.0 %9.3 %
ROE37.1 %36.9 %45.4 %15.4 %44.2 %
ROI7.8 %7.5 %7.0 %3.2 %9.8 %
Economic value added (EVA)34.5712.105.83-79.7482.57
Solvency
Equity ratio15.3 %9.4 %9.7 %11.7 %17.9 %
Gearing488.7 %846.4 %823.6 %668.2 %402.4 %
Relative net indebtedness %
Liquidity
Quick ratio5.94.52.22.12.3
Current ratio5.94.52.22.12.3
Cash and cash equivalents39.7570.722.838.1324.50
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBA

Variable visualization

ROA:9.28%
Rating: 55/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:17.9%
Rating: 17/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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