Morten Korch ApS

CVR number: 42372943
Strandlund 121, 2920 Charlottenlund
morten@mortenkorch.eu
tel: 30581509

Credit rating

Company information

Official name
Morten Korch ApS
Established
2021
Company form
Private limited company
Industry
  • Expand more icon82Office administrative, office support and other business support activities

About the company

Morten Korch ApS (CVR number: 42372943) is a company from GENTOFTE. The company recorded a gross profit of 9.9 kDKK in 2023. The operating profit was 9.9 kDKK, while net earnings were 5.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.2 %, which can be considered decent and Return on Equity (ROE) was 5.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 43.7 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Morten Korch ApS's liquidity measured by quick ratio was 1.8 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
20222023
Volume
Net sales
Gross profit125.979.89
EBIT125.979.89
Net earnings95.125.78
Shareholders equity total135.1283.70
Balance sheet total (assets)189.30191.74
Net debt- 170.88- 103.47
Profitability
EBIT-%
ROA66.5 %5.2 %
ROE70.4 %5.3 %
ROI91.3 %6.4 %
Economic value added (EVA)96.309.66
Solvency
Equity ratio71.4 %43.7 %
Gearing2.1 %101.7 %
Relative net indebtedness %
Liquidity
Quick ratio3.51.8
Current ratio3.51.8
Cash and cash equivalents173.76188.57
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBB

Variable visualization

ROA:5.19%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:43.7%
Rating: 36/100
-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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