MORE ELECTRONICS ApS — Credit Rating and Financial Key Figures

CVR number: 36598913
Lyngager 10 C, 2605 Brøndby
tel: 43290606

Company information

Official name
MORE ELECTRONICS ApS
Personnel
6 persons
Established
1977
Company form
Private limited company
Industry

About MORE ELECTRONICS ApS

MORE ELECTRONICS ApS (CVR number: 36598913) is a company from BRØNDBY. The company recorded a gross profit of 7507.2 kDKK in 2024. The operating profit was 1615.7 kDKK, while net earnings were 1285.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.9 %, which can be considered good and Return on Equity (ROE) was 11.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 72.7 %, 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. MORE ELECTRONICS ApS's liquidity measured by quick ratio was 2.5 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit7 527.8211 331.4613 232.5810 856.877 507.20
EBIT1 623.414 141.876 971.054 547.941 615.73
Net earnings1 464.983 486.785 231.373 696.751 285.22
Shareholders equity total6 031.988 518.7711 750.1412 532.109 279.81
Balance sheet total (assets)11 276.5816 704.8223 261.9326 837.5012 770.53
Net debt-4 231.38-6 184.76-3 559.90-9 178.94-4 753.46
Profitability
EBIT-%
ROA16.3 %31.9 %36.1 %20.3 %9.9 %
ROE25.3 %47.9 %51.6 %30.4 %11.8 %
ROI25.5 %47.6 %53.1 %29.0 %15.0 %
Economic value added (EVA)918.062 845.074 871.802 742.09253.11
Solvency
Equity ratio53.5 %51.0 %50.5 %46.7 %72.7 %
Gearing26.9 %30.4 %36.6 %53.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.71.71.31.42.5
Current ratio2.02.02.01.83.4
Cash and cash equivalents5 853.008 771.017 861.4115 839.644 753.46
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:9.89%
Rating: 57/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:72.7%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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