Morris+Company ApS — Credit Rating and Financial Key Figures

CVR number: 39599295
Nattergalevej 6, 2400 København NV
copenhagen@morrisand.company
https://morrisand.company/

Company information

Official name
Morris+Company ApS
Personnel
1 person
Established
2018
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit894.043 319.983 485.283 166.12219.42
EBIT- 472.641 058.14211.57383.95- 530.89
Net earnings- 472.721 046.97160.02280.67- 598.99
Shareholders equity total- 967.3779.60239.62520.29-78.70
Balance sheet total (assets)184.15533.05685.981 081.17282.53
Net debt- 137.73- 347.00- 526.36- 131.4474.71
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)- 447.791 098.02159.53283.84- 564.66
Solvency
Equity ratio-84.0 %14.9 %34.9 %48.1 %-21.8 %
Gearing-222.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.81.21.52.00.6
Current ratio0.81.21.52.00.6
Cash and cash equivalents137.73347.00526.36131.44100.41
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingCBBBBBBB

Variable visualization

ROA:-73.6%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-21.8%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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