MORS-THY HÅNDBOLD A/S — Credit Rating and Financial Key Figures

MORS-THY HÅNDBOLD A/S (CVR number: 27318665) is a company from MORSØ. The company recorded a gross profit of 9451.7 kDKK in 2023. The operating profit was -202.3 kDKK, while net earnings were -213.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.4 %, which can be considered poor and Return on Equity (ROE) was -17.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 35 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. MORS-THY HÅNDBOLD A/S's liquidity measured by quick ratio was 2.7 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.