MURERMESTER MICHAEL E. LARSEN A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About MURERMESTER MICHAEL E. LARSEN A/S
MURERMESTER MICHAEL E. LARSEN A/S (CVR number: 31578582) is a company from RUDERSDAL. The company recorded a gross profit of 2688.5 kDKK in 2023. The operating profit was -80.1 kDKK, while net earnings were -39.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.8 %, which can be considered poor and Return on Equity (ROE) was -2.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 55.8 %, 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. MURERMESTER MICHAEL E. LARSEN A/S's liquidity measured by quick ratio was 2.2 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 | 2 771.00 | 3 208.00 | 3 702.00 | 3 650.00 | 2 688.51 |
EBIT | - 402.00 | 566.00 | 694.00 | 665.00 | -80.05 |
Net earnings | - 341.00 | 424.00 | 551.00 | 523.00 | -39.59 |
Shareholders equity total | 813.00 | 1 236.00 | 1 787.00 | 1 810.00 | 1 271.50 |
Balance sheet total (assets) | 1 590.00 | 2 700.00 | 2 672.00 | 2 505.00 | 2 277.69 |
Net debt | 82.00 | - 698.00 | - 968.00 | - 540.00 | - 275.43 |
Profitability | |||||
EBIT-% | |||||
ROA | -20.3 % | 26.4 % | 27.0 % | 27.2 % | -1.8 % |
ROE | -34.7 % | 41.4 % | 36.5 % | 29.1 % | -2.6 % |
ROI | -33.0 % | 50.7 % | 48.0 % | 39.2 % | -2.8 % |
Economic value added (EVA) | - 353.72 | 403.71 | 512.35 | 477.17 | - 127.93 |
Solvency | |||||
Equity ratio | 51.1 % | 45.8 % | 66.9 % | 72.3 % | 55.8 % |
Gearing | 22.6 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.6 | 1.7 | 2.9 | 3.5 | 2.2 |
Current ratio | 1.7 | 1.7 | 3.0 | 3.6 | 2.3 |
Cash and cash equivalents | 102.00 | 698.00 | 968.00 | 540.00 | 275.43 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A | A | BBB |
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