MOURITZEN & BITTERHOFF ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MOURITZEN & BITTERHOFF ApS
MOURITZEN & BITTERHOFF ApS (CVR number: 20249188) is a company from RUDERSDAL. The company recorded a gross profit of 134.2 kDKK in 2023. The operating profit was -290 kDKK, while net earnings were -229.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -25.6 %, which can be considered poor and Return on Equity (ROE) was -23.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 92.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MOURITZEN & BITTERHOFF ApS's liquidity measured by quick ratio was 11.2 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 | 580.81 | 538.40 | 514.55 | 602.23 | 134.15 |
EBIT | 170.30 | 162.41 | 117.66 | 179.04 | - 289.97 |
Net earnings | 124.03 | 121.00 | 86.84 | 136.40 | - 229.18 |
Shareholders equity total | 743.04 | 862.94 | 949.78 | 1 086.18 | 857.00 |
Balance sheet total (assets) | 940.41 | 1 200.43 | 1 070.66 | 1 343.13 | 923.30 |
Net debt | -92.23 | - 477.46 | - 280.78 | - 320.74 | -59.98 |
Profitability | |||||
EBIT-% | |||||
ROA | 16.9 % | 15.2 % | 10.4 % | 14.8 % | -25.6 % |
ROE | 18.2 % | 15.1 % | 9.6 % | 13.4 % | -23.6 % |
ROI | 22.2 % | 19.6 % | 13.0 % | 17.6 % | -29.8 % |
Economic value added (EVA) | 113.46 | 92.17 | 70.14 | 105.40 | - 266.59 |
Solvency | |||||
Equity ratio | 79.0 % | 71.9 % | 88.7 % | 80.9 % | 92.8 % |
Gearing | 6.6 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 5.9 | 3.4 | 6.2 | 4.3 | 11.2 |
Current ratio | 5.9 | 3.4 | 6.2 | 4.3 | 11.2 |
Cash and cash equivalents | 141.36 | 477.46 | 280.78 | 320.74 | 59.98 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | BBB |
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