Munch & Lorenzen ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Munch & Lorenzen ApS
Munch & Lorenzen ApS (CVR number: 38005960) is a company from SKANDERBORG. The company reported a net sales of 0.3 mDKK in 2024, demonstrating a growth of 171.3 % compared to the previous year. The operating profit percentage was poor at -3.4 % (EBIT: -0 mDKK), while net earnings were -13.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.9 %, which can be considered poor and Return on Equity (ROE) was -19.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 87.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Munch & Lorenzen ApS's liquidity measured by quick ratio was 7.8 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 114.53 | 60.21 | 45.06 | 105.05 | 285.05 |
Gross profit | 17.90 | 11.71 | 12.74 | 9.20 | 117.75 |
EBIT | 16.69 | 11.71 | 12.74 | 8.17 | -9.64 |
Net earnings | 15.93 | 8.69 | 8.89 | 7.96 | -13.32 |
Shareholders equity total | 53.23 | 62.55 | 71.44 | 73.68 | 60.36 |
Balance sheet total (assets) | 99.26 | 104.53 | 113.57 | 103.83 | 69.22 |
Net debt | -91.15 | -89.13 | - 104.78 | -97.04 | -59.70 |
Profitability | |||||
EBIT-% | 14.6 % | 19.4 % | 28.3 % | 7.8 % | -3.4 % |
ROA | 21.8 % | 11.5 % | 11.7 % | 7.5 % | -10.9 % |
ROE | 35.2 % | 15.0 % | 13.3 % | 11.0 % | -19.9 % |
ROI | 36.9 % | 20.1 % | 19.0 % | 11.3 % | -14.1 % |
Economic value added (EVA) | 14.16 | 6.44 | 6.12 | 4.58 | -15.91 |
Solvency | |||||
Equity ratio | 53.6 % | 59.8 % | 62.9 % | 71.0 % | 87.2 % |
Gearing | 0.7 % | 0.6 % | |||
Relative net indebtedness % | -39.7 % | -79.0 % | -139.0 % | -63.7 % | -17.8 % |
Liquidity | |||||
Quick ratio | 2.2 | 2.5 | 2.7 | 3.4 | 7.8 |
Current ratio | 2.2 | 2.5 | 2.7 | 3.4 | 7.8 |
Cash and cash equivalents | 91.55 | 89.53 | 104.78 | 97.04 | 59.70 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 16.0 | 27.5 | 36.8 | 15.8 | 5.8 |
Net working capital % | 46.5 % | 103.9 % | 158.5 % | 70.1 % | 21.2 % |
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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