MORSOE WIND A/S

CVR number: 34491011
Jernbanevej 7, 7900 Nykøbing M

Credit rating

Company information

Official name
MORSOE WIND A/S
Established
2012
Company form
Limited company
Industry
  • Expand more icon35Electricity, gas, steam and air conditioning supply

About MORSOE WIND A/S

MORSOE WIND A/S (CVR number: 34491011) is a company from MORSØ. The company recorded a gross profit of 449.8 kDKK in 2023. The operating profit was 367.3 kDKK, while net earnings were 4799.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.3 %, which can be considered good and Return on Equity (ROE) was 11.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 94.4 %, 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 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales933.24
Gross profit250.53156.06764.892 702.41449.78
EBIT194.7396.36705.952 573.85367.25
Net earnings1 928.242 502.322 688.615 960.284 799.73
Shareholders equity total29 316.1631 818.4834 507.0940 467.3845 267.11
Balance sheet total (assets)45 590.7435 053.1937 848.6045 395.0447 963.10
Net debt68.99-4 481.69-9 078.74-15 327.85-21 732.33
Profitability
EBIT-%20.9 %
ROA6.0 %8.4 %9.4 %18.8 %13.3 %
ROE6.8 %8.2 %8.1 %15.9 %11.2 %
ROI6.0 %8.5 %9.4 %19.0 %13.5 %
Economic value added (EVA)90.7759.78437.061 765.97359.36
Solvency
Equity ratio64.3 %90.8 %91.2 %89.1 %94.4 %
Gearing44.2 %0.9 %2.4 %
Relative net indebtedness %34.2 %
Liquidity
Quick ratio9.439.231.88.3
Current ratio9.439.231.88.3
Cash and cash equivalents12 877.014 481.699 374.4516 297.5121 732.33
Capital use efficiency
Trade debtors turnover (days)56.3
Net working capital %1369.9 %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:13.3%
Rating: 64/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:94.4%
Rating: 75/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer

Companies in the same industry

Build time: 2024-10-21T13:51:26.353Z

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