MONJASA HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About MONJASA HOLDING A/S
MONJASA HOLDING A/S (CVR number: 33150709K) is a company from FREDERICIA. The company reported a net sales of 4377.2 mUSD in 2023, demonstrating a decline of -20 % compared to the previous year. The operating profit percentage was poor at -93.3 % (EBIT: -4083.2 mUSD), while net earnings were 109 mUSD. The profitability of the company measured by Return on Assets (ROA) was -545.7 %, which can be considered poor but Return on Equity (ROE) was 29.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 51.7 %, 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. MONJASA HOLDING A/S's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mUSD)
EBIT (mUSD)
Profitability
Solidity
Key figures (mUSD)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 2 191.08 | 1 950.88 | 3 228.72 | 5 471.89 | 4 377.22 |
Gross profit | 2 191.08 | 1 950.88 | 86.68 | 259.33 | 178.91 |
EBIT | 36.09 | 34.01 | 29.25 | -5 001.26 | -4 083.21 |
Net earnings | 22.26 | 170.84 | 108.96 | ||
Shareholders equity total | 134.85 | 136.14 | 155.10 | 322.87 | 410.59 |
Balance sheet total (assets) | 469.72 | 334.59 | 494.73 | 697.11 | 794.03 |
Net debt | 46.97 | -7.29 | -62.76 | ||
Profitability | |||||
EBIT-% | 1.6 % | 1.7 % | 0.9 % | -91.4 % | -93.3 % |
ROA | 8.1 % | 8.5 % | 7.5 % | -838.5 % | -545.7 % |
ROE | 15.3 % | 72.0 % | 29.8 % | ||
ROI | 8.1 % | 8.5 % | 10.7 % | -1645.1 % | -1047.7 % |
Economic value added (EVA) | 30.04 | 27.23 | 18.37 | -4 696.87 | -4 157.47 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 31.4 % | 46.5 % | 51.7 % |
Gearing | 58.7 % | 11.5 % | 1.4 % | ||
Relative net indebtedness % | 9.1 % | 6.0 % | 7.2 % | ||
Liquidity | |||||
Quick ratio | 1.2 | 1.5 | 1.5 | ||
Current ratio | 1.3 | 1.7 | 1.7 | ||
Cash and cash equivalents | 44.07 | 44.30 | 68.58 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | 35.0 | 29.3 | 39.8 | ||
Net working capital % | 3.3 % | 4.7 % | 6.2 % | ||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | B | BB |
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