MORSØ EL-TEKNIK ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MORSØ EL-TEKNIK ApS
MORSØ EL-TEKNIK ApS (CVR number: 30498208) is a company from MORSØ. The company recorded a gross profit of 773 kDKK in 2024. The operating profit was -378 kDKK, while net earnings were -315.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -18.3 %, which can be considered poor and Return on Equity (ROE) was -27.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 47.8 %, 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. MORSØ EL-TEKNIK ApS's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 220.17 | 1 430.62 | 1 531.29 | 1 159.39 | 772.97 |
EBIT | 246.75 | 42.54 | 363.79 | 291.53 | - 378.03 |
Net earnings | 180.62 | 13.15 | 273.94 | 219.35 | - 315.95 |
Shareholders equity total | 1 234.72 | 1 097.88 | 1 371.81 | 1 391.16 | 875.21 |
Balance sheet total (assets) | 2 323.20 | 2 090.65 | 2 157.97 | 2 308.98 | 1 830.27 |
Net debt | - 129.26 | 301.84 | - 114.80 | - 339.93 | 558.39 |
Profitability | |||||
EBIT-% | |||||
ROA | 11.7 % | 1.9 % | 17.1 % | 13.1 % | -18.3 % |
ROE | 15.8 % | 1.1 % | 22.2 % | 15.9 % | -27.9 % |
ROI | 15.9 % | 2.8 % | 24.2 % | 18.0 % | -24.1 % |
Economic value added (EVA) | 138.95 | -12.77 | 228.09 | 169.07 | - 338.58 |
Solvency | |||||
Equity ratio | 53.1 % | 52.5 % | 63.6 % | 60.2 % | 47.8 % |
Gearing | 20.3 % | 27.5 % | 9.5 % | 17.1 % | 63.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.5 | 1.5 | 1.9 | 2.2 | 1.1 |
Current ratio | 1.8 | 1.8 | 2.3 | 2.6 | 1.5 |
Cash and cash equivalents | 379.39 | 244.59 | 578.40 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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