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
5 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 10.9 mDKK in 2023. The operating profit was 4547.9 kDKK, while net earnings were 3766.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.7 %, which can be considered excellent and Return on Equity (ROE) was 31 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 46.7 %, 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. MORE ELECTRONICS ApS's liquidity measured by quick ratio was 1.4 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit8 402.837 527.8211 331.4613 232.5810 856.88
EBIT2 481.861 623.414 141.876 971.054 547.94
Net earnings2 107.831 464.983 486.785 231.373 766.32
Shareholders equity total5 567.016 031.988 518.7711 750.1412 516.46
Balance sheet total (assets)11 423.0511 276.5816 704.8223 261.9326 821.86
Net debt-3 431.58-4 231.38-6 184.76-3 559.90-9 178.93
Profitability
EBIT-%
ROA25.5 %16.3 %31.9 %36.1 %20.7 %
ROE40.0 %25.3 %47.9 %51.6 %31.0 %
ROI41.6 %25.5 %47.6 %53.1 %29.5 %
Economic value added (EVA)1 848.431 261.743 274.775 495.863 396.09
Solvency
Equity ratio48.7 %53.5 %51.0 %50.5 %46.7 %
Gearing23.5 %26.9 %30.4 %36.6 %53.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.71.71.31.4
Current ratio1.92.02.02.01.8
Cash and cash equivalents4 739.175 853.008 771.017 861.4115 839.64
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAAAA

Variable visualization

ROA:20.7%
Rating: 75/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:46.7%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.