MORLIN Tech Solutions ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 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 | -3.13 | 17.41 |
Shareholders equity total | 0.44 | 35.69 | 29.44 | 26.32 | 43.73 |
Balance sheet total (assets) | 0.44 | 39.44 | 41.00 | 41.00 | 66.00 |
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 ratio | 100.0 % | 90.5 % | 71.8 % | 64.2 % | 66.3 % |
Gearing | 18.0 % | 32.1 % | 19.3 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 10.5 | 3.5 | 2.8 | 1.8 | |
Current ratio | 10.5 | 3.5 | 2.8 | 1.8 | |
Cash and cash equivalents | 0.44 | 39.44 | 41.00 | 41.00 | 41.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | BB | BBB | BBB | BBB |
Variable visualization
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