Morris+Company ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Morris+Company ApS
Morris+Company ApS (CVR number: 39599295) is a company from KØBENHAVN. The company recorded a gross profit of 219.4 kDKK in 2024. The operating profit was -530.9 kDKK, while net earnings were -599 kDKK. The profitability of the company measured by Return on Assets (ROA) was -73.6 %, which can be considered poor and Return on Equity (ROE) was -149.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -21.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Morris+Company 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 894.04 | 3 319.98 | 3 485.28 | 3 166.12 | 219.42 |
EBIT | - 472.64 | 1 058.14 | 211.57 | 383.95 | - 530.89 |
Net earnings | - 472.72 | 1 046.97 | 160.02 | 280.67 | - 598.99 |
Shareholders equity total | - 967.37 | 79.60 | 239.62 | 520.29 | -78.70 |
Balance sheet total (assets) | 184.15 | 533.05 | 685.98 | 1 081.17 | 282.53 |
Net debt | - 137.73 | - 347.00 | - 526.36 | - 131.44 | 74.71 |
Profitability | |||||
EBIT-% | |||||
ROA | -49.5 % | 125.6 % | 34.8 % | 43.5 % | -73.6 % |
ROE | -211.1 % | 793.9 % | 100.3 % | 73.9 % | -149.2 % |
ROI | -60.2 % | 191.6 % | 106.2 % | 101.1 % | -152.6 % |
Economic value added (EVA) | - 447.79 | 1 098.02 | 159.53 | 283.84 | - 564.66 |
Solvency | |||||
Equity ratio | -84.0 % | 14.9 % | 34.9 % | 48.1 % | -21.8 % |
Gearing | -222.5 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.8 | 1.2 | 1.5 | 2.0 | 0.6 |
Current ratio | 0.8 | 1.2 | 1.5 | 2.0 | 0.6 |
Cash and cash equivalents | 137.73 | 347.00 | 526.36 | 131.44 | 100.41 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | C | B | BB | BBB | B |
Variable visualization
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