MOREHOUSE A/S — Credit Rating and Financial Key Figures

CVR number: 12564937
Bøgekildevej 34 A, 8361 Hasselager
mail@laksen.dk
tel: 87421001

Credit rating

Company information

Official name
MOREHOUSE A/S
Personnel
10 persons
Established
1988
Company form
Limited company
Industry

About MOREHOUSE A/S

MOREHOUSE A/S (CVR number: 12564937) is a company from AARHUS. The company recorded a gross profit of 7383.1 kDKK in 2024. The operating profit was 643.6 kDKK, while net earnings were -232.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.3 %, which can be considered weak but Return on Equity (ROE) was -3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 38.7 %, 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. MOREHOUSE A/S's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit4 988.668 518.186 938.686 567.197 383.06
EBIT- 944.532 190.71409.06301.63643.59
Net earnings-1 199.201 817.222 302.90-24.39- 232.18
Shareholders equity total11 827.3913 644.6115 947.517 923.137 690.95
Balance sheet total (assets)60 774.9661 755.1546 735.2443 325.6829 403.75
Net debt39 211.9441 962.3925 113.7029 655.2818 976.03
Profitability
EBIT-%
ROA-1.1 %4.2 %5.7 %3.4 %3.3 %
ROE-9.6 %14.3 %15.6 %-0.2 %-3.0 %
ROI-1.1 %4.5 %6.2 %3.8 %3.6 %
Economic value added (EVA)-3 520.83- 643.35-2 595.30-1 849.35-1 449.31
Solvency
Equity ratio25.2 %27.8 %41.6 %26.6 %38.7 %
Gearing372.0 %320.9 %165.3 %393.1 %252.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.90.90.90.70.5
Current ratio1.41.51.51.31.6
Cash and cash equivalents4 786.031 820.611 247.861 493.02436.97
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAABBBBBB

Variable visualization

ROA:3.31%
Rating: 37/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:38.7%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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