Mølvang Vognmandsforretning ApS — Credit Rating and Financial Key Figures

CVR number: 43358456
Skovbøllingvej 6, Skovbølling 7300 Jelling

Credit rating

Company information

Official name
Mølvang Vognmandsforretning ApS
Personnel
5 persons
Established
2022
Domicile
Skovbølling
Company form
Private limited company
Industry
  • Expand more icon49Land transport and transport via pipelines

About Mølvang Vognmandsforretning ApS

Mølvang Vognmandsforretning ApS (CVR number: 43358456) is a company from VEJLE. The company recorded a gross profit of 5292.5 kDKK in 2023. The operating profit was 832.8 kDKK, while net earnings were 511 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.7 %, which can be considered good but Return on Equity (ROE) was 18.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 13.4 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Mølvang Vognmandsforretning ApS's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2022
2023
Volume
Net sales
Gross profit7 011.025 292.46
EBIT1 509.45832.81
Net earnings1 131.76510.96
Shareholders equity total4 775.90810.95
Balance sheet total (assets)8 179.476 061.41
Net debt522.333 361.51
Profitability
EBIT-%
ROA18.9 %11.7 %
ROE23.7 %18.3 %
ROI22.9 %14.3 %
Economic value added (EVA)1 174.92403.32
Solvency
Equity ratio58.4 %13.4 %
Gearing29.9 %445.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.10.3
Current ratio1.10.3
Cash and cash equivalents903.33248.89
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAA

Variable visualization

ROA:11.7%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:13.4%
Rating: 13/100
-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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