OTTO MØNSTEDS FOND
Credit rating
Company information
About OTTO MØNSTEDS FOND
OTTO MØNSTEDS FOND (CVR number: 17557718K) is a company from FREDERIKSBERG. The company recorded a gross profit of -6694 kDKK in 2023, demonstrating a decline of 0 % compared to the previous year. The operating profit was -12.9 mDKK, while net earnings were 34.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 9.8 %, which can be considered good but Return on Equity (ROE) was 4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 97.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. OTTO MØNSTEDS FOND's liquidity measured by quick ratio was 20.2 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 117.48 | 115.42 | 108.17 | ||
Gross profit | 80.08 | 57.35 | 53.04 | 47.17 | -6.69 |
EBIT | 80.08 | -0.27 | 0.28 | -4.79 | -12.95 |
Net earnings | 78.48 | 73.80 | 220.90 | - 104.10 | 34.88 |
Shareholders equity total | 748.02 | 817.23 | 1 015.82 | 879.01 | 878.61 |
Balance sheet total (assets) | 775.44 | 881.50 | 1 093.93 | 933.91 | 904.67 |
Net debt | - 490.49 | - 510.06 | |||
Profitability | |||||
EBIT-% | -0.2 % | 0.2 % | -4.4 % | ||
ROA | 10.5 % | -0.0 % | 0.0 % | 12.5 % | 9.8 % |
ROE | 10.9 % | 9.4 % | 24.1 % | -11.1 % | 4.0 % |
ROI | 10.7 % | -0.0 % | 0.0 % | 13.2 % | 10.2 % |
Economic value added (EVA) | 45.25 | -37.84 | -40.80 | -55.92 | -15.54 |
Solvency | |||||
Equity ratio | 48.2 % | 46.4 % | 46.4 % | 94.4 % | 97.1 % |
Gearing | 2.3 % | 0.0 % | |||
Relative net indebtedness % | 54.7 % | 67.7 % | -421.7 % | ||
Liquidity | |||||
Quick ratio | 12.3 | 7.5 | 8.0 | 11.3 | 20.2 |
Current ratio | 12.3 | 7.5 | 8.0 | 10.7 | 20.2 |
Cash and cash equivalents | 511.06 | 510.50 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 59.0 | ||||
Net working capital % | 329.7 % | 444.6 % | 110.4 % | ||
Credit risk | |||||
Credit rating | A | A | A | A | A |
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