MORIN ApS — Credit Rating and Financial Key Figures

MORIN ApS (CVR number: 32940242) is a company from KØBENHAVN. The company recorded a gross profit of -396.3 kDKK in 2023. The operating profit was -679.2 kDKK, while net earnings were 3028.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.2 %, which can be considered good but Return on Equity (ROE) was 15.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 65.7 %, 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. MORIN ApS's liquidity measured by quick ratio was 1.9 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.