ERHVERVSFREMMESELSKABET MORS ApS — Credit Rating and Financial Key Figures

CVR number: 36019123
Limfjordsvej 42, Nykøbing Mors 7900 Nykøbing M

Company information

Official name
ERHVERVSFREMMESELSKABET MORS ApS
Established
2014
Domicile
Nykøbing Mors
Company form
Private limited company
Industry

About ERHVERVSFREMMESELSKABET MORS ApS

ERHVERVSFREMMESELSKABET MORS ApS (CVR number: 36019123) is a company from MORSØ. The company recorded a gross profit of -11 kDKK in 2024. The operating profit was -11 kDKK, while net earnings were 34.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.6 %, which can be considered weak and Return on Equity (ROE) was 1.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ERHVERVSFREMMESELSKABET MORS ApS's liquidity measured by quick ratio was 169.9 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-17.21-13.83-16.75-12.14-10.99
EBIT-17.21-13.83-16.75-12.14-10.99
Net earnings-2.04-13.57-9.3117.2434.34
Shareholders equity total2 770.042 756.472 747.172 764.412 798.76
Balance sheet total (assets)2 782.532 765.772 756.352 773.592 815.32
Net debt-2 095.71-2 395.93-2 377.86-2 507.97-2 636.02
Profitability
EBIT-%
ROA0.4 %-0.1 %0.2 %0.8 %1.6 %
ROE-0.1 %-0.5 %-0.3 %0.6 %1.2 %
ROI0.4 %-0.1 %0.2 %0.8 %1.6 %
Economic value added (EVA)- 156.50- 149.72- 151.56- 147.51- 147.50
Solvency
Equity ratio99.6 %99.7 %99.7 %99.7 %99.4 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio174.8265.3278.5291.3169.9
Current ratio174.8265.3278.5291.3169.9
Cash and cash equivalents2 095.712 395.932 377.862 507.972 636.02
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:1.57%
Rating: 28/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.4%
Rating: 91/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

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