Malerfirmaet Picasso ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Malerfirmaet Picasso ApS
Malerfirmaet Picasso ApS (CVR number: 42333778) is a company from FURESØ. The company recorded a gross profit of 457.2 kDKK in 2024. The operating profit was -131 kDKK, while net earnings were -131.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -17.1 %, which can be considered poor and Return on Equity (ROE) was -48.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 33.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Malerfirmaet Picasso ApS's liquidity measured by quick ratio was 1.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | 311.34 | 983.21 | 871.79 | 457.24 |
EBIT | 68.88 | 474.15 | 381.30 | - 131.02 |
Net earnings | 51.98 | 367.69 | 295.51 | - 131.48 |
Shareholders equity total | 91.98 | 459.67 | 336.18 | 204.70 |
Balance sheet total (assets) | 498.99 | 996.79 | 905.65 | 618.24 |
Net debt | - 154.02 | -4.96 | 183.61 | 104.07 |
Profitability | ||||
EBIT-% | ||||
ROA | 13.8 % | 63.4 % | 40.1 % | -17.1 % |
ROE | 56.5 % | 133.3 % | 74.3 % | -48.6 % |
ROI | 21.4 % | 90.8 % | 57.2 % | -24.2 % |
Economic value added (EVA) | 52.99 | 353.10 | 259.94 | - 161.68 |
Solvency | ||||
Equity ratio | 18.4 % | 46.1 % | 37.1 % | 33.1 % |
Gearing | 249.6 % | 56.3 % | 80.4 % | 126.3 % |
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 1.1 | 1.6 | 1.4 | 1.3 |
Current ratio | 1.2 | 1.6 | 1.4 | 1.3 |
Cash and cash equivalents | 383.63 | 263.88 | 86.71 | 154.54 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BB | BBB | BBB | BBB |
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