Morsøvej 7 ApS — Credit Rating and Financial Key Figures

CVR number: 40991239
Petuniavej 182, 7800 Skive

Company information

Official name
Morsøvej 7 ApS
Established
2019
Company form
Private limited company
Industry

About Morsøvej 7 ApS

Morsøvej 7 ApS (CVR number: 40991239) is a company from SKIVE. The company recorded a gross profit of 399 kDKK in 2023. The operating profit was 206.4 kDKK, while net earnings were 97.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.2 %, which can be considered weak and Return on Equity (ROE) was 2.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 65.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Morsøvej 7 ApS's liquidity measured by quick ratio was 0.7 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
Volume
Net sales
Gross profit342.64398.77378.27399.01
EBIT150.06206.19185.70206.45
Net earnings78.46124.54118.2897.40
Shareholders equity total4 135.224 259.764 378.044 475.44
Balance sheet total (assets)7 468.886 786.506 668.966 842.95
Net debt2 723.492 356.012 041.801 745.82
Profitability
EBIT-%
ROA2.0 %2.9 %2.8 %3.2 %
ROE1.9 %3.0 %2.7 %2.2 %
ROI2.0 %2.9 %2.8 %3.2 %
Economic value added (EVA)117.76-21.19-66.79-54.22
Solvency
Equity ratio55.4 %62.8 %65.6 %65.4 %
Gearing78.6 %56.2 %49.2 %49.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.10.30.7
Current ratio0.60.10.30.7
Cash and cash equivalents526.8936.46112.29478.16
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAA

Variable visualization

ROA:3.15%
Rating: 36/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:65.4%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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