MORSØ SKO IMPORT A/S — Credit Rating and Financial Key Figures

CVR number: 82010513
Fabriksvej 7, V. Lyby 7800 Skive
import@morso-sko.dk
tel: 97585401

Credit rating

Company information

Official name
MORSØ SKO IMPORT A/S
Personnel
6 persons
Established
1977
Domicile
V. Lyby
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About MORSØ SKO IMPORT A/S

MORSØ SKO IMPORT A/S (CVR number: 82010513) is a company from SKIVE. The company recorded a gross profit of 4065.9 kDKK in 2022. The operating profit was 2156.2 kDKK, while net earnings were 1580.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.1 %, which can be considered good but Return on Equity (ROE) was 20 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 53.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. MORSØ SKO IMPORT A/S's liquidity measured by quick ratio was 0.9 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
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit4 527.994 629.054 415.903 893.854 065.87
EBIT2 188.962 593.672 641.361 772.222 156.16
Net earnings1 560.451 913.452 009.011 311.791 580.61
Shareholders equity total8 009.578 323.028 432.027 743.818 024.42
Balance sheet total (assets)17 291.2217 011.2017 844.2218 846.6114 876.73
Net debt5 778.21-1 677.00-3 452.526 227.942 332.20
Profitability
EBIT-%
ROA12.0 %15.2 %15.2 %9.7 %13.1 %
ROE19.3 %23.4 %24.0 %16.2 %20.0 %
ROI15.0 %23.1 %31.1 %15.9 %17.6 %
Economic value added (EVA)1 297.411 620.811 731.951 118.731 289.03
Solvency
Equity ratio46.3 %48.9 %47.3 %41.1 %53.9 %
Gearing73.5 %2.7 %80.9 %37.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.71.11.10.90.9
Current ratio1.82.22.01.82.3
Cash and cash equivalents109.411 902.613 452.5236.34669.19
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:13.1%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:53.9%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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