MØLGAARD OG SØN HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About MØLGAARD OG SØN HOLDING A/S
MØLGAARD OG SØN HOLDING A/S (CVR number: 25805275) is a company from THISTED. The company recorded a gross profit of 25.4 kDKK in 2024. The operating profit was -7.2 kDKK, while net earnings were 61.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.7 %, which can be considered weak and Return on Equity (ROE) was 2.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MØLGAARD OG SØN HOLDING A/S's liquidity measured by quick ratio was 88.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -9.83 | 5.20 | 25.16 | 31.91 | 25.43 |
| EBIT | -9.83 | -10.80 | -7.43 | -0.67 | -7.16 |
| Net earnings | 147.84 | - 204.34 | 44.02 | 121.72 | 61.59 |
| Shareholders equity total | 4 170.25 | 3 626.91 | 3 327.72 | 3 096.04 | 2 791.64 |
| Balance sheet total (assets) | 4 235.74 | 4 176.90 | 3 349.94 | 3 126.12 | 2 819.47 |
| Net debt | -2 620.90 | -1 970.92 | -2 918.65 | -2 749.05 | -2 472.68 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 4.1 % | -2.0 % | 1.3 % | 4.6 % | 2.7 % |
| ROE | 3.5 % | -5.2 % | 1.3 % | 3.8 % | 2.1 % |
| ROI | 4.2 % | -2.0 % | 1.3 % | 4.7 % | 2.7 % |
| Economic value added (EVA) | - 227.49 | - 220.49 | - 216.80 | - 167.76 | - 161.30 |
| Solvency | |||||
| Equity ratio | 98.5 % | 86.8 % | 99.3 % | 99.0 % | 99.0 % |
| Gearing | 0.7 % | 14.9 % | |||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 40.5 | 4.6 | 132.3 | 100.7 | 88.9 |
| Current ratio | 40.5 | 4.6 | 132.3 | 100.7 | 88.9 |
| Cash and cash equivalents | 2 650.77 | 2 510.58 | 2 918.65 | 2 749.05 | 2 472.68 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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