MURERMESTER DAVID HARRITZ A/S — Credit Rating and Financial Key Figures

CVR number: 26108004
Engmarken 18 B, 8220 Brabrand

Company information

Official name
MURERMESTER DAVID HARRITZ A/S
Personnel
12 persons
Established
2001
Company form
Limited company
Industry

About MURERMESTER DAVID HARRITZ A/S

MURERMESTER DAVID HARRITZ A/S (CVR number: 26108004) is a company from AARHUS. The company recorded a gross profit of 5760.9 kDKK in 2023. The operating profit was 1139 kDKK, while net earnings were 837.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 23.2 %, which can be considered excellent and Return on Equity (ROE) was 50.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 37 %, 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. MURERMESTER DAVID HARRITZ A/S's liquidity measured by quick ratio was 1.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit5 011.824 920.915 150.245 254.375 760.89
EBIT707.42771.93314.77863.191 138.97
Net earnings516.24563.56204.33612.31837.81
Shareholders equity total2 061.181 124.74929.071 441.381 879.19
Balance sheet total (assets)4 380.084 143.784 071.904 796.435 083.79
Net debt-2 929.17-2 375.38-2 081.48-2 966.80-2 757.63
Profitability
EBIT-%
ROA16.6 %18.1 %7.7 %19.5 %23.2 %
ROE25.1 %35.4 %19.9 %51.7 %50.5 %
ROI27.8 %34.4 %17.1 %40.5 %41.5 %
Economic value added (EVA)573.41668.51336.85768.031 005.03
Solvency
Equity ratio47.1 %27.1 %22.8 %30.1 %37.0 %
Gearing27.2 %61.1 %94.7 %68.1 %64.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.81.41.31.41.5
Current ratio1.81.41.31.41.5
Cash and cash equivalents3 490.353 062.862 961.573 948.223 970.78
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBAA

Variable visualization

ROA:23.2%
Rating: 79/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:37.0%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board

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