Michael Møgelgaard, 511 Faxe ApS

CVR number: 33763794
Rådhusvej 85, 4640 Faxe
511@rema1000.dk

Credit rating

Company information

Official name
Michael Møgelgaard, 511 Faxe ApS
Personnel
22 persons
Established
2011
Company form
Private limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About the company

Michael Møgelgaard, 511 Faxe ApS (CVR number: 33763794) is a company from FAXE. The company recorded a gross profit of 2810.4 kDKK in 2023. The operating profit was 1189.1 kDKK, while net earnings were 846.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 151.4 %, which can be considered excellent and Return on Equity (ROE) was 114.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 94.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Michael Møgelgaard, 511 Faxe ApS's liquidity measured by quick ratio was 42.9 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
20192020202120222023
Volume
Net sales
Gross profit4.064.724.554.892 810.45
EBIT0.981.801.191.721 189.07
Net earnings0.631.260.781.18846.63
Shareholders equity total1.472.101.621.621 483.01
Balance sheet total (assets)3.985.084.414.961 569.80
Net debt-0.90-1.82-1.16-1.50
Profitability
EBIT-%
ROA24.8 %39.7 %25.1 %36.8 %151.4 %
ROE48.9 %70.5 %41.9 %72.9 %114.1 %
ROI73.8 %98.1 %62.5 %103.9 %155.3 %
Economic value added (EVA)1.021.771.181.70922.22
Solvency
Equity ratio37.0 %41.3 %36.7 %32.6 %94.5 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio0.50.70.60.642.9
Current ratio1.31.51.41.342.9
Cash and cash equivalents0.901.821.161.50
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBB

Variable visualization

ROA:151.4%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:94.5%
Rating: 75/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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