MORIN ApS — Credit Rating and Financial Key Figures

MORIN ApS (CVR number: 32940242) is a company from DRAGØR. The company recorded a gross profit of -330.7 kDKK in 2024. The operating profit was -1335.1 kDKK, while net earnings were -540.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.4 %, which can be considered decent but Return on Equity (ROE) was -3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 55.9 %, 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. MORIN ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.