MOREWOOD HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 35382410
Miravej 13, 8240 Risskov
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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 1.3 mDKK in 2024, demonstrating a growth of 1573.5 % compared to the previous year. The operating profit percentage was at 99.3 % (EBIT: 1.3 mDKK), while net earnings were 1263.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 47.4 %, which can be considered excellent and Return on Equity (ROE) was 79 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 56.2 %, 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 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales-69.42161.26522.9576.961 287.85
Gross profit-73.17156.89517.9571.961 279.35
EBIT-73.17156.89517.9571.961 279.35
Net earnings-67.41142.92501.0058.271 263.21
Shareholders equity total443.44586.37969.561 027.832 169.04
Balance sheet total (assets)1 099.211 270.671 797.131 922.493 553.69
Net debt650.21680.41674.14716.921 070.25
Profitability
EBIT-%97.3 %99.0 %93.5 %99.3 %
ROA-4.8 %14.8 %34.6 %4.8 %47.4 %
ROE-14.1 %27.8 %64.4 %5.8 %79.0 %
ROI-5.0 %14.8 %36.4 %5.3 %52.0 %
Economic value added (EVA)- 117.20106.11460.19-14.601 204.10
Solvency
Equity ratio40.3 %46.1 %54.0 %53.5 %56.2 %
Gearing147.0 %116.1 %69.8 %70.0 %49.5 %
Relative net indebtedness %-942.2 %424.2 %157.8 %1158.6 %107.3 %
Liquidity
Quick ratio1.60.90.70.70.9
Current ratio1.60.90.70.70.9
Cash and cash equivalents1.720.152.393.023.02
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-602.8 %-61.9 %-45.8 %-335.7 %-7.7 %
Credit risk
Credit ratingBBBBBAAA

Variable visualization

ROA:47.4%
Rating: 93/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:56.2%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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