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MORSREB A/S — Credit Rating and Financial Key Figures

CVR number: 21635510
Vesterbrogade 12, 1620 København V
adm@boligexperten.dk
tel: 33229941
Free credit report Annual report

Credit rating

Company information

Official name
MORSREB A/S
Established
1955
Company form
Limited company
Industry

About MORSREB A/S

MORSREB A/S (CVR number: 21635510) is a company from KØBENHAVN. The company recorded a gross profit of 41.5 kDKK in 2024. The operating profit was 221.5 kDKK, while net earnings were 133.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.7 %, which can be considered weak and Return on Equity (ROE) was 0.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 74 %, 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. MORSREB A/S's liquidity measured by quick ratio was 0.4 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.

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 profit172.10264.08115.6275.2041.49
EBIT172.101 257.68115.622 805.80221.49
Net earnings80.55941.6645.332 147.44133.55
Shareholders equity total19 965.0820 906.7420 952.0723 099.5123 233.06
Balance sheet total (assets)27 556.7328 679.0729 734.0331 334.0031 402.51
Net debt2 146.681 989.96779.891 827.021 841.19
Profitability
EBIT-%
ROA0.6 %4.5 %0.4 %9.2 %0.7 %
ROE0.4 %4.6 %0.2 %9.7 %0.6 %
ROI0.6 %4.5 %0.4 %9.4 %0.7 %
Economic value added (EVA)-1 241.83- 396.57-1 344.26755.03-1 395.12
Solvency
Equity ratio72.5 %72.9 %73.1 %73.8 %74.0 %
Gearing11.1 %10.2 %9.8 %8.6 %8.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.71.36.51.00.4
Current ratio0.61.31.00.90.4
Cash and cash equivalents66.16147.611 280.69154.8060.07
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBABBB

Variable visualization

ROA:0.71%
Rating: 24/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:74.0%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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