MoreFutures A/S — Credit Rating and Financial Key Figures

CVR number: 19154491
Islands Brygge 50, 2300 København S
kim@morefutures.com
tel: 40409969
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Company information

Official name
MoreFutures A/S
Personnel
1 person
Established
1996
Company form
Limited company
Industry

About MoreFutures A/S

MoreFutures A/S (CVR number: 19154491) is a company from KØBENHAVN. The company recorded a gross profit of 659.7 kDKK in 2024. The operating profit was -777 kDKK, while net earnings were -1592.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.8 %, which can be considered good but Return on Equity (ROE) was -3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 97 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MoreFutures A/S's liquidity measured by quick ratio was 15.6 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

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 profit332.17791.11- 739.55- 424.04659.72
EBIT-61.99- 786.61-1 608.66-1 214.03- 777.00
Net earnings-4 309.435 685.8439 627.252 097.47-1 592.89
Shareholders equity total31 709.9936 395.8361 023.0855 120.5551 527.66
Balance sheet total (assets)40 695.9043 350.8269 049.7665 766.0953 097.83
Net debt1 471.54-37.97-19 928.87-11 536.90-15 256.01
Profitability
EBIT-%
ROA-6.5 %13.9 %75.2 %3.6 %12.8 %
ROE-12.7 %16.7 %81.4 %3.6 %-3.0 %
ROI-9.0 %15.2 %76.5 %6.6 %-1.5 %
Economic value added (EVA)-2 167.42-2 713.55-3 760.49-4 167.86-3 585.30
Solvency
Equity ratio77.9 %84.1 %88.4 %83.8 %97.0 %
Gearing24.5 %15.5 %8.5 %9.5 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio3.72.98.43.915.6
Current ratio3.72.98.43.915.6
Cash and cash equivalents6 295.925 671.1325 095.2116 787.2215 273.73
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBAA

Variable visualization

ROA:12.8%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.0%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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