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

CVR number: 27318665
H. C. Ørsteds Vej 15, 7900 Nykøbing M
info@morsthy.dk
tel: 96154040
www.morsthy.dk
Free credit report Annual report

Credit rating

Company information

Official name
MORS-THY HÅNDBOLD A/S
Personnel
26 persons
Established
2003
Company form
Limited company
Industry

About MORS-THY HÅNDBOLD A/S

MORS-THY HÅNDBOLD A/S (CVR number: 27318665) is a company from MORSØ. The company recorded a gross profit of 10.6 mDKK in 2024. The operating profit was 33.4 kDKK, while net earnings were 9.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.3 %, which can be considered weak and Return on Equity (ROE) was 0.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 38.8 %, 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 3.6 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 profit8 877.058 858.348 843.109 451.7010 559.24
EBIT214.08238.2136.82- 202.3133.39
Net earnings189.62210.1331.48- 213.799.92
Shareholders equity total1 070.361 280.481 311.961 098.171 108.09
Balance sheet total (assets)4 109.023 712.402 759.883 137.092 856.91
Net debt-1 063.59-2 195.68-1 512.46- 451.84- 544.58
Profitability
EBIT-%
ROA5.0 %6.1 %1.1 %-6.4 %1.3 %
ROE19.4 %17.9 %2.4 %-17.7 %0.9 %
ROI12.4 %12.4 %1.8 %-8.7 %1.7 %
Economic value added (EVA)131.58147.19-64.76- 305.47-81.61
Solvency
Equity ratio26.0 %34.5 %47.5 %35.0 %38.8 %
Gearing69.2 %57.9 %56.5 %108.4 %105.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.82.13.82.73.6
Current ratio1.82.13.82.83.6
Cash and cash equivalents1 804.592 936.682 253.461 642.111 715.94
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:1.32%
Rating: 27/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:38.8%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member
Board member
Board member

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