Morsø Gym & Fitness ApS

CVR number: 33034458
Ringvejen 45, 7900 Nykøbing M

Credit rating

Company information

Official name
Morsø Gym & Fitness ApS
Personnel
5 persons
Established
2010
Company form
Private limited company
Industry
  • Expand more icon93Sports activities and amusement and recreation activities

About Morsø Gym & Fitness ApS

Morsø Gym & Fitness ApS (CVR number: 33034458) is a company from MORSØ. The company recorded a gross profit of 387.6 kDKK in 2023. The operating profit was 84.2 kDKK, while net earnings were 54.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.7 %, which can be considered decent and Return on Equity (ROE) was 6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at -41 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Morsø Gym & Fitness ApS's liquidity measured by quick ratio was 0.4 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
20192020202120222023
Volume
Net sales
Gross profit2 125.70- 284.77- 114.14177.09387.64
EBIT852.67- 375.09- 376.98- 112.0084.19
Net earnings656.99- 310.41- 325.73- 228.3754.13
Shareholders equity total1 967.46-42.95- 368.68- 597.05- 542.92
Balance sheet total (assets)2 687.811 785.991 391.021 030.08780.71
Net debt- 757.401 335.421 602.571 370.15927.84
Profitability
EBIT-%
ROA27.6 %-14.8 %-20.5 %-5.9 %5.7 %
ROE40.1 %-16.5 %-20.5 %-18.9 %6.0 %
ROI36.9 %-17.3 %-21.8 %-6.5 %6.6 %
Economic value added (EVA)595.94- 362.92- 275.31-63.63111.92
Solvency
Equity ratio73.2 %-2.3 %-21.0 %-36.7 %-41.0 %
Gearing9.4 %-3964.8 %-452.0 %-238.7 %-208.9 %
Relative net indebtedness %
Liquidity
Quick ratio4.50.90.60.40.4
Current ratio4.50.90.60.50.4
Cash and cash equivalents942.71367.4863.8554.80206.40
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:5.71%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-41.0%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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