Gudrun & Palle Mørch´s Fond
Credit rating
Company information
About Gudrun & Palle Mørch´s Fond
Gudrun & Palle Mørch´s Fond (CVR number: 31232449) is a company from AALBORG. The company recorded a gross profit of -25.8 kDKK in 2023. The operating profit was -85.8 kDKK, while net earnings were 508.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.3 %, which can be considered excellent and Return on Equity (ROE) was 19.4 %, which can be considered excellent. 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. Gudrun & Palle Mørch´s Fond's liquidity measured by quick ratio was 9.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -18.11 | -18.86 | -41.06 | -20.82 | -25.84 |
EBIT | -48.11 | -48.86 | -91.06 | -60.82 | -85.84 |
Net earnings | 237.18 | 295.47 | 375.63 | 389.94 | 508.36 |
Shareholders equity total | 2 339.28 | 2 338.16 | 2 416.78 | 2 509.52 | 2 720.18 |
Balance sheet total (assets) | 2 384.28 | 2 383.15 | 2 471.78 | 2 564.52 | 2 800.18 |
Net debt | - 693.42 | - 683.68 | - 622.95 | - 693.38 | - 704.65 |
Profitability | |||||
EBIT-% | |||||
ROA | 12.5 % | 13.7 % | 14.3 % | 18.8 % | 20.3 % |
ROE | 10.0 % | 12.6 % | 15.8 % | 15.8 % | 19.4 % |
ROI | 12.8 % | 13.9 % | 14.6 % | 19.2 % | 20.8 % |
Economic value added (EVA) | 8.50 | 9.88 | -14.83 | -3.76 | -6.54 |
Solvency | |||||
Equity ratio | 98.1 % | 98.1 % | 97.8 % | 97.9 % | 97.1 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 17.6 | 18.4 | 15.6 | 14.4 | 9.8 |
Current ratio | 17.6 | 18.4 | 15.6 | 14.4 | 9.8 |
Cash and cash equivalents | 693.42 | 683.68 | 622.95 | 693.38 | 704.65 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | BBB | A | A |
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