MORLIN Tech Solutions ApS — Credit Rating and Financial Key Figures

CVR number: 39917912
Engkær 30, 2650 Hvidovre
mortenlindegaard7@gmail.com

Credit rating

Company information

Official name
MORLIN Tech Solutions ApS
Established
2018
Company form
Private limited company
Industry

About MORLIN Tech Solutions ApS

MORLIN Tech Solutions ApS (CVR number: 39917912) is a company from HVIDOVRE. The company recorded a gross profit of -7.5 kDKK in 2023. The operating profit was -7.5 kDKK, while net earnings were 17.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 32.7 %, which can be considered excellent and Return on Equity (ROE) was 49.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 66.3 %, 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. MORLIN Tech Solutions ApS's liquidity measured by quick ratio was 1.8 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-3.75-6.25-3.13-7.50
EBIT-3.75-6.25-3.13-7.50
Net earnings-0.56-3.75-6.25-3.1317.41
Shareholders equity total0.4435.6929.4426.3243.73
Balance sheet total (assets)0.4439.4441.0041.0066.00
Net debt-0.44-39.44-35.69-32.56-32.56
Profitability
EBIT-%
ROA-18.8 %-15.5 %-7.6 %32.7 %
ROE-127.3 %-20.8 %-19.2 %-11.2 %49.7 %
ROI-20.8 %-17.7 %-9.0 %40.3 %
Economic value added (EVA)-3.75-6.06-2.54-6.76
Solvency
Equity ratio100.0 %90.5 %71.8 %64.2 %66.3 %
Gearing18.0 %32.1 %19.3 %
Relative net indebtedness %
Liquidity
Quick ratio10.53.52.81.8
Current ratio10.53.52.81.8
Cash and cash equivalents0.4439.4441.0041.0041.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:32.7%
Rating: 85/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:66.3%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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