MURERMESTER MICHAEL E. LARSEN A/S — Credit Rating and Financial Key Figures

CVR number: 31578582
Topstykket 31, 3460 Birkerød
michael@murermesterlarsen.dk
tel: 22638162

Credit rating

Company information

Official name
MURERMESTER MICHAEL E. LARSEN A/S
Personnel
10 persons
Established
2008
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit2 771.003 208.003 702.003 650.002 688.51
EBIT- 402.00566.00694.00665.00-80.05
Net earnings- 341.00424.00551.00523.00-39.59
Shareholders equity total813.001 236.001 787.001 810.001 271.50
Balance sheet total (assets)1 590.002 700.002 672.002 505.002 277.69
Net debt82.00- 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)- 353.72403.71512.35477.17- 127.93
Solvency
Equity ratio51.1 %45.8 %66.9 %72.3 %55.8 %
Gearing22.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.61.72.93.52.2
Current ratio1.71.73.03.62.3
Cash and cash equivalents102.00698.00968.00540.00275.43
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAABBB

Variable visualization

ROA:-1.83%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:55.8%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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