MOREWOOD MØBELSNEDKERI ApS — Credit Rating and Financial Key Figures

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

Credit rating

Company information

Official name
MOREWOOD MØBELSNEDKERI ApS
Personnel
3 persons
Established
2013
Company form
Private limited company
Industry

About MOREWOOD MØBELSNEDKERI ApS

MOREWOOD MØBELSNEDKERI ApS (CVR number: 35382496) is a company from AARHUS. The company recorded a gross profit of 2904 kDKK in 2024. The operating profit was 1637.5 kDKK, while net earnings were 1287.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 69.3 %, which can be considered excellent and Return on Equity (ROE) was 91.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 59.1 %, 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 3.2 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 268.541 419.932 126.571 636.592 903.95
EBIT- 116.52221.20672.9080.901 637.47
Net earnings-87.74179.58522.9576.961 287.85
Shareholders equity total-18.32161.26684.22761.172 049.02
Balance sheet total (assets)1 121.371 295.541 358.551 384.323 464.93
Net debt306.92132.7177.26-75.77- 550.61
Profitability
EBIT-%
ROA-10.9 %20.9 %53.1 %7.9 %69.3 %
ROE-14.7 %28.0 %123.7 %10.6 %91.7 %
ROI-20.8 %43.8 %103.9 %12.4 %113.7 %
Economic value added (EVA)- 101.83153.80494.9018.961 230.69
Solvency
Equity ratio-1.6 %12.4 %50.4 %55.0 %59.1 %
Gearing-1675.3 %210.3 %25.3 %15.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.02.22.13.2
Current ratio1.21.02.22.13.2
Cash and cash equivalents206.4095.78196.24550.61
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:69.3%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:59.1%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Director

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