TAGE MORS ApS

CVR number: 30594150
Ulvemosen 12, 2960 Rungsted Kyst

Credit rating

Company information

Official name
TAGE MORS ApS
Established
2007
Company form
Private limited company
Industry
  • Expand more icon64Financial service activities, except insurance and pension funding

About TAGE MORS ApS

TAGE MORS ApS (CVR number: 30594150) is a company from HØRSHOLM. The company recorded a gross profit of -14.4 kDKK in 2023. The operating profit was -14.4 kDKK, while net earnings were 91.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.3 %, which can be considered good but Return on Equity (ROE) was 8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 66.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. TAGE MORS ApS's liquidity measured by quick ratio was 3 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit-22.00-19.00-19.00-15.00-14.38
EBIT-22.00-19.00-19.00-15.00-14.38
Net earnings168.00197.00174.00- 228.0091.78
Shareholders equity total1 359.001 446.001 508.001 166.001 140.41
Balance sheet total (assets)1 369.001 605.001 859.001 603.001 724.04
Net debt-1 344.00-1 492.00-1 565.00-1 104.00-1 103.44
Profitability
EBIT-%
ROA16.1 %17.6 %13.5 %1.1 %8.3 %
ROE12.7 %14.0 %11.8 %-17.1 %8.0 %
ROI16.3 %17.9 %13.9 %1.1 %8.3 %
Economic value added (EVA)-20.31-15.55-6.775.937.14
Solvency
Equity ratio99.3 %90.1 %81.1 %72.7 %66.1 %
Gearing7.8 %19.5 %36.6 %50.3 %
Relative net indebtedness %
Liquidity
Quick ratio136.910.15.33.73.0
Current ratio136.910.15.33.73.0
Cash and cash equivalents1 344.001 605.001 859.001 531.001 677.07
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:8.28%
Rating: 52/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:66.1%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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