CITA MUSEN HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About CITA MUSEN HOLDING ApS
CITA MUSEN HOLDING ApS (CVR number: 35806644K) is a company from HOLSTEBRO. The company recorded a gross profit of 40.1 mDKK in 2019. The operating profit was -567.8 kDKK, while net earnings were -514.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.8 %, which can be considered poor and Return on Equity (ROE) was -4.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 64.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. CITA MUSEN HOLDING ApS's liquidity measured by quick ratio was 2.4 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 financials2016 | 2017 | 2018 | 2019 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | 71 885.63 | 46 745.45 | 45 014.05 | 40 109.39 |
EBIT | 6 249.86 | -3 165.83 | - 585.35 | - 567.84 |
Net earnings | 4 682.31 | -3 051.39 | - 641.42 | - 514.50 |
Shareholders equity total | 18 901.04 | 12 349.64 | 11 655.32 | 11 086.82 |
Balance sheet total (assets) | 27 978.39 | 17 627.06 | 18 181.45 | 17 119.84 |
Net debt | - 954.37 | - 563.78 | -6 465.57 | -9 294.59 |
Profitability | ||||
EBIT-% | ||||
ROA | 22.7 % | -13.7 % | -3.2 % | -2.8 % |
ROE | 24.8 % | -19.5 % | -5.3 % | -4.5 % |
ROI | 30.8 % | -18.8 % | -4.7 % | -4.3 % |
Economic value added (EVA) | 4 878.27 | -3 787.93 | -1 053.41 | - 709.12 |
Solvency | ||||
Equity ratio | 67.6 % | 70.1 % | 64.1 % | 64.8 % |
Gearing | 0.9 % | 0.1 % | 0.1 % | 0.5 % |
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 1.4 | 1.1 | 1.8 | 2.4 |
Current ratio | 1.4 | 1.1 | 1.8 | 2.4 |
Cash and cash equivalents | 1 124.92 | 581.03 | 6 482.82 | 9 351.26 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | AA | BBB | A | A |
Variable visualization
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