Munk Højmark ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Munk Højmark ApS
Munk Højmark ApS (CVR number: 41893761) is a company from FREDERIKSHAVN. The company recorded a gross profit of -9.6 kDKK in 2023. The operating profit was -9.6 kDKK, while net earnings were -313.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.6 %, which can be considered poor and Return on Equity (ROE) was -23.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -0.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Munk Højmark ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | |
|---|---|---|---|
| Volume | |||
| Net sales | |||
| Gross profit | -8.35 | -9.63 | |
| EBIT | -13.47 | -8.35 | -9.63 |
| Net earnings | 143.01 | 113.93 | - 313.95 |
| Shareholders equity total | 183.01 | 296.94 | -17.01 |
| Balance sheet total (assets) | 1 783.92 | 2 979.08 | 2 332.08 |
| Net debt | -33.46 | - 149.79 | 31.81 |
| Profitability | |||
| EBIT-% | |||
| ROA | 7.9 % | 8.0 % | -8.6 % |
| ROE | 78.1 % | 47.5 % | -23.9 % |
| ROI | 9.1 % | 9.2 % | -10.0 % |
| Economic value added (EVA) | -10.50 | 69.33 | 120.30 |
| Solvency | |||
| Equity ratio | 10.3 % | 10.0 % | -0.7 % |
| Gearing | 3.4 % | 77.6 % | -1445.1 % |
| Relative net indebtedness % | |||
| Liquidity | |||
| Quick ratio | 0.5 | 0.8 | 0.5 |
| Current ratio | 0.5 | 0.8 | 0.5 |
| Cash and cash equivalents | 39.67 | 380.31 | 214.00 |
| Capital use efficiency | |||
| Trade debtors turnover (days) | |||
| Net working capital % | |||
| Credit risk | |||
| Credit rating | BB | BBB | BB |
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