More Consulting ApS — Credit Rating and Financial Key Figures

CVR number: 40095632
Bjernedevej 44, 2700 Brønshøj
tel: 81118717
www.more-consulting.dk

Credit rating

Company information

Official name
More Consulting ApS
Personnel
2 persons
Established
2018
Company form
Private limited company
Industry

About More Consulting ApS

More Consulting ApS (CVR number: 40095632) is a company from KØBENHAVN. The company recorded a gross profit of 5590.4 kDKK in 2023. The operating profit was 432.9 kDKK, while net earnings were 332.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.3 %, which can be considered good and Return on Equity (ROE) was 9.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 81.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. More Consulting ApS's liquidity measured by quick ratio was 5.3 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales1 309.004 084.184 887.50
Gross profit1 260.523 904.024 680.798 661.295 590.35
EBIT182.351 904.512 338.204 547.73432.87
Net earnings141.121 491.611 814.953 528.48332.79
Shareholders equity total141.621 657.843 539.254 976.661 809.45
Balance sheet total (assets)551.332 715.554 480.186 204.382 217.67
Net debt- 460.71-1 834.63-3 035.27-4 358.17-1 782.99
Profitability
EBIT-%13.9 %46.6 %47.8 %
ROA33.1 %116.6 %65.0 %85.1 %10.3 %
ROE99.6 %165.8 %69.8 %82.9 %9.8 %
ROI128.8 %211.7 %90.0 %106.4 %12.7 %
Economic value added (EVA)142.041 505.571 836.943 517.85302.92
Solvency
Equity ratio25.7 %61.1 %79.0 %80.2 %81.6 %
Gearing0.7 %
Relative net indebtedness %-3.9 %-19.0 %-42.9 %
Liquidity
Quick ratio1.32.64.75.05.3
Current ratio1.32.64.75.05.3
Cash and cash equivalents460.711 834.633 035.274 390.681 782.99
Capital use efficiency
Trade debtors turnover (days)25.378.7105.8
Net working capital %10.8 %40.6 %71.8 %
Credit risk
Credit ratingBBBBBABBBBBB

Variable visualization

ROA:10.3%
Rating: 58/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:81.6%
Rating: 61/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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