MOREWOOD MØBELSNEDKERI ApS

CVR number: 35382496
Oktobervej 47, 8210 Aarhus V
till@morewood.dk
tel: 51244624
www.morewood.dk

Credit rating

Company information

Official name
MOREWOOD MØBELSNEDKERI ApS
Personnel
4 persons
Established
2013
Company form
Private limited company
Industry
  • Expand more icon31Manufacture of furniture

About MOREWOOD MØBELSNEDKERI ApS

MOREWOOD MØBELSNEDKERI ApS (CVR number: 35382496) is a company from AARHUS. The company recorded a gross profit of 1636.6 kDKK in 2023. The operating profit was 80.9 kDKK, while net earnings were 77 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.9 %, which can be considered decent but Return on Equity (ROE) was 10.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 55 %, 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 MØBELSNEDKERI ApS's liquidity measured by quick ratio was 2.1 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 profit978.831 268.541 419.932 126.571 636.59
EBIT-16.28- 116.52221.20672.9080.90
Net earnings-10.58-87.74179.58522.9576.96
Shareholders equity total69.42-18.32161.26684.22761.17
Balance sheet total (assets)696.951 121.371 295.541 358.551 384.32
Net debt61.86306.92132.7177.26-75.77
Profitability
EBIT-%
ROA0.1 %-10.9 %20.9 %53.1 %7.9 %
ROE-5.7 %-14.7 %28.0 %123.7 %10.6 %
ROI0.2 %-20.8 %43.8 %103.9 %12.4 %
Economic value added (EVA)-28.71-92.61169.23522.3132.47
Solvency
Equity ratio10.0 %-1.6 %12.4 %50.4 %55.0 %
Gearing176.7 %-1675.3 %210.3 %25.3 %15.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.91.21.02.22.1
Current ratio0.91.21.02.22.1
Cash and cash equivalents60.81206.4095.78196.24
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:7.86%
Rating: 51/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:55.0%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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