Morsø Mink Holding ApS — Credit Rating and Financial Key Figures

Morsø Mink Holding ApS (CVR number: 37290394) is a company from MORSØ. The company reported a net sales of 0.9 mDKK in 2017, demonstrating a growth of -239.1 % compared to the previous year. The operating profit percentage was at 98.9 % (EBIT: 0.9 mDKK), while net earnings were 909.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 27.7 %, which can be considered excellent and Return on Equity (ROE) was 112 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 38.2 %, 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. Morsø Mink Holding ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.