MALERFIRMAET. A/S KNOLD & THINESEN — Credit Rating and Financial Key Figures
Credit rating
Company information
About MALERFIRMAET. A/S KNOLD & THINESEN
MALERFIRMAET. A/S KNOLD & THINESEN (CVR number: 32942237) is a company from ODENSE. The company recorded a gross profit of 4701.9 kDKK in 2024. The operating profit was -368.4 kDKK, while net earnings were -332 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.7 %, which can be considered poor and Return on Equity (ROE) was -8.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 59.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. MALERFIRMAET. A/S KNOLD & THINESEN's liquidity measured by quick ratio was 2.1 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 | 7 834.26 | 10 749.77 | 5 720.38 | 5 913.34 | 4 701.85 |
| EBIT | 340.23 | 2 327.76 | - 250.73 | 173.97 | - 368.45 |
| Net earnings | 194.16 | 1 750.05 | - 246.27 | 59.99 | - 332.00 |
| Shareholders equity total | 4 012.51 | 5 762.56 | 4 516.29 | 4 576.28 | 3 244.28 |
| Balance sheet total (assets) | 9 734.19 | 11 154.71 | 10 343.78 | 8 757.20 | 5 488.01 |
| Net debt | 276.04 | -1 287.08 | 2 097.92 | 1 325.61 | 1 040.22 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 4.5 % | 22.7 % | -1.9 % | 2.2 % | -4.7 % |
| ROE | 5.0 % | 35.8 % | -4.8 % | 1.3 % | -8.5 % |
| ROI | 7.4 % | 35.8 % | -3.0 % | 3.0 % | -5.7 % |
| Economic value added (EVA) | 20.08 | 1 544.42 | - 544.25 | - 228.51 | - 651.19 |
| Solvency | |||||
| Equity ratio | 41.2 % | 51.7 % | 43.7 % | 52.3 % | 59.1 % |
| Gearing | 27.2 % | 19.0 % | 46.6 % | 56.3 % | 41.5 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.7 | 2.2 | 1.6 | 1.9 | 2.1 |
| Current ratio | 1.8 | 2.2 | 1.7 | 2.0 | 2.3 |
| Cash and cash equivalents | 816.13 | 2 379.25 | 5.01 | 1 251.75 | 305.22 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | A | BBB | BBB | BBB |
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