MØLLEÅVÆRKET A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About MØLLEÅVÆRKET A/S
MØLLEÅVÆRKET A/S (CVR number: 33376146) is a company from LYNGBY-TAARBÆK. The company reported a net sales of 61 mDKK in 2024, demonstrating a growth of 1.6 % compared to the previous year. The operating profit percentage was poor at -25 % (EBIT: -15.3 mDKK), while net earnings were -11.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was -2.9 %, which can be considered poor and Return on Equity (ROE) was -2.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 93.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MØLLEÅVÆRKET A/S's liquidity measured by quick ratio was 1.9 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 60.72 | 64.35 | 57.48 | 60.07 | 61.03 |
Gross profit | 6.33 | 8.71 | -1.60 | 5.71 | -10.25 |
EBIT | 4.49 | 6.19 | -5.84 | 2.68 | -15.26 |
Net earnings | 4.08 | 4.74 | -4.42 | 1.99 | -11.95 |
Shareholders equity total | 477.65 | 482.39 | 477.97 | 479.96 | 468.01 |
Balance sheet total (assets) | 520.64 | 528.47 | 521.89 | 522.04 | 503.25 |
Net debt | 5.41 | 5.18 | |||
Profitability | |||||
EBIT-% | 7.4 % | 9.6 % | -10.2 % | 4.5 % | -25.0 % |
ROA | 0.9 % | 1.2 % | -1.1 % | 0.6 % | -2.9 % |
ROE | 0.9 % | 1.0 % | -0.9 % | 0.4 % | -2.5 % |
ROI | 0.9 % | 1.2 % | -1.1 % | 0.6 % | -2.9 % |
Economic value added (EVA) | -19.31 | -17.82 | -30.08 | -21.92 | -37.57 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 92.6 % | 93.3 % |
Gearing | 4.4 % | 4.3 % | |||
Relative net indebtedness % | 27.6 % | 21.9 % | |||
Liquidity | |||||
Quick ratio | 2.1 | 1.9 | |||
Current ratio | 1.6 | 1.6 | |||
Cash and cash equivalents | 15.76 | 15.05 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 5.2 | 5.1 | |||
Net working capital % | 14.0 % | 12.3 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AAA | A |
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