M. SCHULSTAD HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 21164275
Agiltevej 17-21, 2970 Hørsholm
schulstad@mail.dk

Credit rating

Company information

Official name
M. SCHULSTAD HOLDING ApS
Personnel
4 persons
Established
1998
Company form
Private limited company
Industry

About M. SCHULSTAD HOLDING ApS

M. SCHULSTAD HOLDING ApS (CVR number: 21164275) is a company from HØRSHOLM. The company recorded a gross profit of 1786 kDKK in 2023. The operating profit was 642.9 kDKK, while net earnings were 495.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.5 %, which can be considered good and Return on Equity (ROE) was 12.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 91.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. M. SCHULSTAD HOLDING ApS's liquidity measured by quick ratio was 8.5 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 profit1 245.811 267.411 418.221 931.761 786.04
EBIT269.52664.94642.85865.56642.91
Net earnings199.56497.26480.79649.05495.74
Shareholders equity total2 425.752 923.013 293.793 832.844 218.58
Balance sheet total (assets)2 703.543 234.303 556.034 239.774 612.29
Net debt- 460.30-1 652.30-1 921.18-2 746.87-3 106.75
Profitability
EBIT-%
ROA9.4 %22.4 %18.9 %22.2 %14.5 %
ROE7.9 %18.6 %15.5 %18.2 %12.3 %
ROI10.6 %24.9 %20.7 %24.3 %16.0 %
Economic value added (EVA)131.17406.64426.82593.04441.20
Solvency
Equity ratio89.7 %90.4 %92.6 %90.4 %91.5 %
Gearing0.0 %
Relative net indebtedness %
Liquidity
Quick ratio3.85.68.47.18.5
Current ratio3.85.68.47.18.5
Cash and cash equivalents460.301 652.301 921.182 746.873 106.85
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:14.5%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:91.5%
Rating: 72/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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