Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
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 earnings | 168.00 | 197.00 | 174.00 | - 228.00 | 91.78 |
Shareholders equity total | 1 359.00 | 1 446.00 | 1 508.00 | 1 166.00 | 1 140.41 |
Balance sheet total (assets) | 1 369.00 | 1 605.00 | 1 859.00 | 1 603.00 | 1 724.04 |
Net debt | -1 344.00 | -1 492.00 | -1 565.00 | -1 104.00 | -1 103.44 |
Profitability | |||||
EBIT-% | |||||
ROA | 16.1 % | 17.6 % | 13.5 % | 1.1 % | 8.3 % |
ROE | 12.7 % | 14.0 % | 11.8 % | -17.1 % | 8.0 % |
ROI | 16.3 % | 17.9 % | 13.9 % | 1.1 % | 8.3 % |
Economic value added (EVA) | -20.31 | -15.55 | -6.77 | 5.93 | 7.14 |
Solvency | |||||
Equity ratio | 99.3 % | 90.1 % | 81.1 % | 72.7 % | 66.1 % |
Gearing | 7.8 % | 19.5 % | 36.6 % | 50.3 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 136.9 | 10.1 | 5.3 | 3.7 | 3.0 |
Current ratio | 136.9 | 10.1 | 5.3 | 3.7 | 3.0 |
Cash and cash equivalents | 1 344.00 | 1 605.00 | 1 859.00 | 1 531.00 | 1 677.07 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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