MORSREB A/S — Credit Rating and Financial Key Figures

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

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 75.2 kDKK in 2023. The operating profit was 2805.8 kDKK, while net earnings were 2147.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.2 %, which can be considered good and Return on Equity (ROE) was 9.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 73.8 %, 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 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-72.43172.10264.08115.6275.20
EBIT1 663.67172.101 257.68115.622 805.80
Net earnings1 244.4280.55941.6645.332 147.44
Shareholders equity total19 884.5319 965.0820 906.7420 952.0723 099.51
Balance sheet total (assets)28 684.0427 556.7328 679.0729 734.0331 334.00
Net debt1 068.312 146.681 989.96779.891 827.02
Profitability
EBIT-%
ROA6.1 %0.6 %4.5 %0.4 %9.2 %
ROE6.5 %0.4 %4.6 %0.2 %9.7 %
ROI6.2 %0.6 %4.5 %0.4 %9.4 %
Economic value added (EVA)258.78- 915.12- 126.35-1 056.611 100.26
Solvency
Equity ratio72.3 %72.5 %72.9 %73.1 %73.8 %
Gearing11.5 %11.1 %10.2 %9.8 %8.6 %
Relative net indebtedness %
Liquidity
Quick ratio6.50.71.36.51.0
Current ratio0.90.61.31.00.9
Cash and cash equivalents1 218.1366.16147.611 280.69154.80
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:9.19%
Rating: 55/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:73.8%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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