MORSØ JERNSTØBERI A/S

CVR number: 16314285
Furvej 6, 7900 Nykøbing M
tel: 96691920

Credit rating

Company information

Official name
MORSØ JERNSTØBERI A/S
Personnel
72 persons
Established
1992
Company form
Limited company
Industry
  • Expand more icon28Manufacture of machinery and equipment n.e.c.

About MORSØ JERNSTØBERI A/S

MORSØ JERNSTØBERI A/S (CVR number: 16314285K) is a company from MORSØ. The company recorded a gross profit of 67.8 mDKK in 2023. The operating profit was 17.2 mDKK, while net earnings were 10.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 13.3 %, which can be considered good and Return on Equity (ROE) was 12.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 22 %, 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. MORSØ JERNSTØBERI A/S's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit19 123.0031 471.7355 083.0054 775.0067 831.00
EBIT-14 514.001 566.4611 286.009 644.0017 156.00
Net earnings-16 927.00-3 106.7510 771.006 209.0010 110.00
Shareholders equity total-27 971.00-30 310.92-19 902.00-13 510.0026 641.00
Balance sheet total (assets)64 437.0069 354.52103 615.00127 659.00117 821.00
Net debt68 776.0074 732.9547 866.0055 841.0046 957.00
Profitability
EBIT-%
ROA-15.4 %1.8 %11.3 %7.3 %13.3 %
ROE-24.3 %-4.6 %12.4 %5.3 %12.9 %
ROI-21.2 %2.4 %20.5 %18.5 %26.1 %
Economic value added (EVA)-14 064.162 960.9514 528.0812 544.5216 694.89
Solvency
Equity ratio-30.3 %-30.4 %-16.1 %-9.4 %22.0 %
Gearing-247.8 %-247.5 %-241.1 %-416.9 %183.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.30.30.30.4
Current ratio0.60.60.80.81.2
Cash and cash equivalents546.00288.93122.00476.001 896.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBA

Variable visualization

ROA:13.3%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:22.0%
Rating: 21/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

Companies in the same industry

Build time: 2024-10-21T13:51:17.413Z

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