Morsø Maling ApS — Credit Rating and Financial Key Figures

Morsø Maling ApS (CVR number: 40392351) is a company from MORSØ. The company recorded a gross profit of 1314 kDKK in 2023. The operating profit was 297.8 kDKK, while net earnings were 198.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.2 %, which can be considered good but Return on Equity (ROE) was 21.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 36.6 %, 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. Morsø Maling ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.