MORSOE WIND A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About MORSOE WIND A/S
MORSOE WIND A/S (CVR number: 34491011) is a company from MORSØ. The company recorded a gross profit of -2.5 kDKK in 2024. The operating profit was -1066.8 kDKK, while net earnings were -189 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.4 %, which can be considered poor and Return on Equity (ROE) was -0.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 95.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MORSOE WIND A/S's liquidity measured by quick ratio was 156.5 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 156.06 | 764.89 | 2 702.41 | 750.58 | -2.53 |
EBIT | 96.36 | 705.95 | 2 573.85 | 367.25 | -1 066.83 |
Net earnings | 2 502.32 | 2 688.61 | 5 960.28 | 4 799.73 | - 189.01 |
Shareholders equity total | 31 818.48 | 34 507.09 | 40 467.38 | 45 267.11 | 45 078.10 |
Balance sheet total (assets) | 35 053.19 | 37 848.60 | 45 395.04 | 47 963.10 | 47 349.12 |
Net debt | -4 481.69 | -9 078.74 | -15 327.85 | -21 732.33 | -21 321.59 |
Profitability | |||||
EBIT-% | |||||
ROA | 8.4 % | 9.4 % | 18.8 % | 13.3 % | -0.4 % |
ROE | 8.2 % | 8.1 % | 15.9 % | 11.2 % | -0.4 % |
ROI | 8.5 % | 9.4 % | 19.0 % | 13.5 % | -0.4 % |
Economic value added (EVA) | 59.78 | 437.06 | 1 765.97 | 359.36 | -1 125.22 |
Solvency | |||||
Equity ratio | 90.8 % | 91.2 % | 89.1 % | 94.4 % | 95.2 % |
Gearing | 0.9 % | 2.4 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 39.2 | 31.8 | 8.3 | 156.5 | |
Current ratio | 39.2 | 31.8 | 8.3 | 156.5 | |
Cash and cash equivalents | 4 481.69 | 9 374.45 | 16 297.51 | 21 732.33 | 21 321.59 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | BBB |
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