More Design Co. ApS — Credit Rating and Financial Key Figures

CVR number: 42841870
Rosbjergvej 22 A, Årslev 8220 Brabrand

Company information

Official name
More Design Co. ApS
Personnel
1 person
Established
2021
Domicile
Årslev
Company form
Private limited company
Industry

About More Design Co. ApS

More Design Co. ApS (CVR number: 42841870) is a company from AARHUS. The company recorded a gross profit of 67.2 kDKK in 2024. The operating profit was 37.5 kDKK, while net earnings were 14.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.5 %, which can be considered decent and Return on Equity (ROE) was 4.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 33.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. More Design Co. ApS's liquidity measured by quick ratio was 1.5 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
2022
2023
2024
Volume
Net sales
Gross profit545.9562.7467.19
EBIT312.3156.2937.48
Net earnings238.9034.2714.10
Shareholders equity total278.90313.17297.28
Balance sheet total (assets)721.50777.34883.34
Net debt288.24199.80- 173.55
Profitability
EBIT-%
ROA43.5 %7.5 %4.5 %
ROE85.7 %11.6 %4.6 %
ROI55.1 %10.2 %7.9 %
Economic value added (EVA)240.4412.45-5.48
Solvency
Equity ratio38.7 %40.3 %33.7 %
Gearing104.3 %72.5 %37.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.61.71.5
Current ratio1.61.71.5
Cash and cash equivalents2.5427.15286.25
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:4.51%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:33.7%
Rating: 29/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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