MALERFIRMA GROSSMANN & SØN A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About MALERFIRMA GROSSMANN & SØN A/S
MALERFIRMA GROSSMANN & SØN A/S (CVR number: 10035023) is a company from HADERSLEV. The company recorded a gross profit of 3069.8 kDKK in 2023. The operating profit was -33.8 kDKK, while net earnings were -40.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.8 %, which can be considered poor and Return on Equity (ROE) was -9.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 32.2 %, 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. MALERFIRMA GROSSMANN & SØN A/S'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 | 4 693.38 | 4 584.86 | 3 417.87 | 3 087.13 | 3 069.78 |
EBIT | 94.65 | 419.71 | - 229.17 | 58.49 | -33.83 |
Net earnings | 61.03 | 317.60 | - 189.43 | 35.97 | -40.30 |
Shareholders equity total | 792.79 | 1 110.39 | 420.96 | 456.92 | 416.62 |
Balance sheet total (assets) | 1 510.10 | 2 559.66 | 1 191.04 | 1 104.40 | 1 294.47 |
Net debt | - 427.95 | - 804.38 | - 318.84 | 31.68 | - 174.09 |
Profitability | |||||
EBIT-% | |||||
ROA | 5.0 % | 20.6 % | -12.2 % | 5.1 % | -2.8 % |
ROE | 6.7 % | 33.4 % | -24.7 % | 8.2 % | -9.2 % |
ROI | 10.2 % | 43.3 % | -29.4 % | 12.5 % | -7.3 % |
Economic value added (EVA) | 58.87 | 308.35 | - 194.00 | 39.79 | -49.04 |
Solvency | |||||
Equity ratio | 52.5 % | 43.6 % | 35.3 % | 41.4 % | 32.2 % |
Gearing | 0.0 % | 0.7 % | 1.0 % | 11.5 % | 0.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.3 | 1.4 | 1.0 | 1.3 | 1.2 |
Current ratio | 1.5 | 1.5 | 1.3 | 1.5 | 1.4 |
Cash and cash equivalents | 428.14 | 812.43 | 323.21 | 20.70 | 177.97 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | BBB | BBB | BBB |
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