TAGE MORS ApS — Credit Rating and Financial Key Figures

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

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
2019
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 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 ratingBBBBBBBBBBBBBBB

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

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