MultitechDanmark ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MultitechDanmark ApS
MultitechDanmark ApS (CVR number: 37337919) is a company from AALBORG. The company recorded a gross profit of 484.8 kDKK in 2023. The operating profit was -58.3 kDKK, while net earnings were -48.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -17.8 %, which can be considered poor and Return on Equity (ROE) was -34.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 29.6 %, 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. MultitechDanmark ApS's liquidity measured by quick ratio was 1.2 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -36.54 | 144.08 | 556.71 | 376.71 | 484.85 |
EBIT | -53.08 | 11.88 | 13.06 | - 165.81 | -58.32 |
Net earnings | -41.37 | 9.15 | 8.85 | - 129.59 | -48.61 |
Shareholders equity total | 275.93 | 285.09 | 293.94 | 164.34 | 115.73 |
Balance sheet total (assets) | 294.06 | 397.50 | 414.38 | 262.24 | 390.71 |
Net debt | - 200.46 | - 316.61 | - 213.90 | -43.89 | - 134.64 |
Profitability | |||||
EBIT-% | |||||
ROA | -17.0 % | 3.4 % | 3.2 % | -49.0 % | -17.8 % |
ROE | -13.9 % | 3.3 % | 3.1 % | -56.6 % | -34.7 % |
ROI | -17.8 % | 4.2 % | 4.4 % | -68.6 % | -28.0 % |
Economic value added (EVA) | -43.88 | 5.62 | 11.13 | - 132.98 | -50.69 |
Solvency | |||||
Equity ratio | 93.8 % | 71.7 % | 70.9 % | 62.7 % | 29.6 % |
Gearing | 1.0 % | 1.3 % | 2.8 % | 10.3 % | 103.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 14.7 | 3.4 | 2.4 | 1.6 | 1.2 |
Current ratio | 14.7 | 3.4 | 2.4 | 1.6 | 1.2 |
Cash and cash equivalents | 203.28 | 320.30 | 222.01 | 60.81 | 254.06 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | BB |
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