MORTEN NORS INVEST ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MORTEN NORS INVEST ApS
MORTEN NORS INVEST ApS (CVR number: 35048278) is a company from SKIVE. The company recorded a gross profit of -74.6 kDKK in 2023. The operating profit was -74.6 kDKK, while net earnings were 3978 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.6 %, which can be considered weak and Return on Equity (ROE) was 2.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 98.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MORTEN NORS INVEST ApS's liquidity measured by quick ratio was 20.9 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 | -31.77 | -22.12 | -32.50 | -48.49 | -74.57 |
EBIT | -31.77 | -22.12 | -32.50 | -48.49 | -74.57 |
Net earnings | - 591.57 | 11 791.04 | 446.61 | 3 372.52 | 3 977.97 |
Shareholders equity total | 183 616.56 | 193 407.60 | 189 854.21 | 190 226.73 | 184 204.70 |
Balance sheet total (assets) | 183 683.07 | 195 373.20 | 191 741.84 | 190 472.69 | 186 879.68 |
Net debt | -98 297.05 | - 109 578.21 | -99 638.85 | -98 117.12 | -51 554.35 |
Profitability | |||||
EBIT-% | |||||
ROA | 0.9 % | 7.9 % | 1.7 % | 2.3 % | 2.6 % |
ROE | -0.3 % | 6.3 % | 0.2 % | 1.8 % | 2.1 % |
ROI | 0.9 % | 8.0 % | 1.7 % | 2.3 % | 2.6 % |
Economic value added (EVA) | - 538.57 | - 209.35 | - 140.81 | - 382.30 | - 588.56 |
Solvency | |||||
Equity ratio | 100.0 % | 99.0 % | 99.0 % | 99.9 % | 98.6 % |
Gearing | 0.0 % | 1.0 % | 0.0 % | 1.1 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1 518.2 | 1 693.9 | 56.5 | 420.8 | 20.9 |
Current ratio | 1 518.2 | 1 693.9 | 56.5 | 420.8 | 20.9 |
Cash and cash equivalents | 98 297.05 | 109 629.73 | 101 510.37 | 98 208.09 | 53 565.33 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | AA | AA | AA | AA |
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