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 3441 kDKK in 2024. The operating profit was -14.6 kDKK, while net earnings were -7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.2 %, which can be considered poor and Return on Equity (ROE) was -0.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 54.3 %, 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 2.1 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 3 208.00 | 3 702.00 | 3 650.00 | 2 687.00 | 3 441.02 |
EBIT | 566.00 | 694.00 | 665.00 | -82.00 | -14.59 |
Net earnings | 424.00 | 551.00 | 523.00 | -40.00 | -7.00 |
Shareholders equity total | 1 236.00 | 1 787.00 | 1 810.00 | 1 271.00 | 1 264.50 |
Balance sheet total (assets) | 2 700.00 | 2 672.00 | 2 505.00 | 2 278.00 | 2 329.42 |
Net debt | - 698.00 | - 968.00 | - 540.00 | - 275.00 | - 382.69 |
Profitability | |||||
EBIT-% | |||||
ROA | 26.4 % | 27.0 % | 27.2 % | -1.9 % | -0.2 % |
ROE | 41.4 % | 36.5 % | 29.1 % | -2.6 % | -0.6 % |
ROI | 50.7 % | 48.0 % | 39.2 % | -2.9 % | -0.3 % |
Economic value added (EVA) | 387.03 | 474.96 | 426.22 | - 157.89 | -79.56 |
Solvency | |||||
Equity ratio | 45.8 % | 66.9 % | 72.3 % | 55.8 % | 54.3 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.7 | 2.9 | 3.5 | 2.2 | 2.1 |
Current ratio | 1.7 | 3.0 | 3.6 | 2.3 | 2.2 |
Cash and cash equivalents | 698.00 | 968.00 | 540.00 | 275.00 | 382.69 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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