MORSOE WIND A/S — Credit Rating and Financial Key Figures

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

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit156.06764.892 702.41750.58-2.53
EBIT96.36705.952 573.85367.25-1 066.83
Net earnings2 502.322 688.615 960.284 799.73- 189.01
Shareholders equity total31 818.4834 507.0940 467.3845 267.1145 078.10
Balance sheet total (assets)35 053.1937 848.6045 395.0447 963.1047 349.12
Net debt-4 481.69-9 078.74-15 327.85-21 732.33-21 321.59
Profitability
EBIT-%
ROA8.4 %9.4 %18.8 %13.3 %-0.4 %
ROE8.2 %8.1 %15.9 %11.2 %-0.4 %
ROI8.5 %9.4 %19.0 %13.5 %-0.4 %
Economic value added (EVA)59.78437.061 765.97359.36-1 125.22
Solvency
Equity ratio90.8 %91.2 %89.1 %94.4 %95.2 %
Gearing0.9 %2.4 %
Relative net indebtedness %
Liquidity
Quick ratio39.231.88.3156.5
Current ratio39.231.88.3156.5
Cash and cash equivalents4 481.699 374.4516 297.5121 732.3321 321.59
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:-0.41%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.2%
Rating: 76/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer

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