EDC Mors Holding ApS — Credit Rating and Financial Key Figures

CVR number: 40074503
Havnegade 5 A, 7900 Nykøbing M
nkjelde@edc.dk
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Company information

Official name
EDC Mors Holding ApS
Established
2018
Company form
Private limited company
Industry

About EDC Mors Holding ApS

EDC Mors Holding ApS (CVR number: 40074503) is a company from MORSØ. The company reported a net sales of 0.7 mDKK in 2023, demonstrating a growth of -328.5 % compared to the previous year. The operating profit percentage was at 98.7 % (EBIT: 0.7 mDKK), while net earnings were 702 kDKK. The profitability of the company measured by Return on Assets (ROA) was 31.7 %, which can be considered excellent and Return on Equity (ROE) was 49.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 64 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. EDC Mors Holding ApS's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales505.14872.27549.53- 306.75701.06
Gross profit-0.64872.27542.02- 314.88691.68
EBIT504.50872.27542.02- 314.88691.68
Net earnings503.30871.05542.39- 310.93702.01
Shareholders equity total553.291 424.341 366.731 055.801 757.81
Balance sheet total (assets)862.291 742.611 777.511 863.022 747.38
Net debt394.82318.26410.77782.13818.30
Profitability
EBIT-%99.9 %100.0 %98.6 %98.7 %
ROA118.0 %67.6 %31.3 %-17.0 %31.7 %
ROE91.0 %88.1 %38.9 %-25.7 %49.9 %
ROI107.3 %65.4 %31.3 %-17.2 %33.1 %
Economic value added (EVA)504.84900.61585.52- 244.47745.44
Solvency
Equity ratio64.2 %81.7 %76.9 %56.7 %64.0 %
Gearing71.4 %22.3 %30.1 %74.1 %46.6 %
Relative net indebtedness %61.2 %36.5 %74.7 %-263.1 %141.2 %
Liquidity
Quick ratio0.80.80.91.01.1
Current ratio0.80.80.91.01.1
Cash and cash equivalents0.010.010.010.010.01
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-10.3 %-6.1 %-10.0 %11.2 %12.5 %
Credit risk
Credit ratingBBBAABBA

Variable visualization

ROA:31.7%
Rating: 84/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:64.0%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Director

Companies in the same industry

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