MOREWOOD HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 35382410
Miravej 13, 8240 Risskov

Company information

Official name
MOREWOOD HOLDING ApS
Established
2013
Company form
Private limited company
Industry

About MOREWOOD HOLDING ApS

MOREWOOD HOLDING ApS (CVR number: 35382410) is a company from AARHUS. The company reported a net sales of 0.1 mDKK in 2023, demonstrating a decline of -85.3 % compared to the previous year. The operating profit percentage was at 93.5 % (EBIT: 0.1 mDKK), while net earnings were 58.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.9 %, which can be considered decent and Return on Equity (ROE) was 5.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 54.3 %, 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. MOREWOOD HOLDING ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales-10.58-69.42161.26522.9576.96
Gross profit-14.33-73.17156.89517.9571.96
EBIT-14.33-73.17156.89517.9571.96
Net earnings-4.32-67.41142.92501.0058.27
Shareholders equity total510.85443.44586.37969.561 027.83
Balance sheet total (assets)875.741 099.211 270.671 797.131 892.52
Net debt298.73650.21680.41674.14686.95
Profitability
EBIT-%97.3 %99.0 %93.5 %
ROA1.6 %-4.8 %14.8 %34.6 %4.9 %
ROE-0.8 %-14.1 %27.8 %64.4 %5.8 %
ROI1.7 %-5.0 %14.8 %36.4 %5.3 %
Economic value added (EVA)-12.88-97.27140.21532.96110.64
Solvency
Equity ratio58.3 %40.3 %46.1 %54.0 %54.3 %
Gearing58.8 %147.0 %116.1 %69.8 %67.1 %
Relative net indebtedness %-3432.2 %-942.2 %424.2 %157.8 %1119.7 %
Liquidity
Quick ratio2.11.60.90.70.7
Current ratio2.11.60.90.70.7
Cash and cash equivalents1.721.720.152.393.02
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-3935.7 %-602.8 %-61.9 %-45.8 %-335.7 %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:4.87%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:54.3%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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