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: 16314285) is a company from MORSØ. The company recorded a gross profit of 64.3 mDKK in 2023. The operating profit was 16.4 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 13.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 22.4 %, 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 profit15 403.0026 909.6051 178.0053 675.0064 301.00
EBIT-12 222.001 133.109 688.0010 959.0016 418.00
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)61 392.0064 904.12102 472.00125 379.00115 733.00
Net debt69 301.0074 993.0447 965.0056 288.0047 534.00
Profitability
EBIT-%
ROA-16.1 %1.8 %11.6 %7.4 %13.3 %
ROE-25.9 %-4.9 %12.8 %5.4 %13.1 %
ROI-21.2 %2.4 %20.4 %18.5 %25.7 %
Economic value added (EVA)-11 790.252 501.2012 954.0513 640.7515 927.88
Solvency
Equity ratio-31.3 %-31.8 %-16.2 %-9.6 %22.4 %
Gearing-247.8 %-247.5 %-241.1 %-416.9 %183.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.30.30.30.4
Current ratio0.60.60.80.81.3
Cash and cash equivalents21.0028.8422.0029.001 319.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBA

Variable visualization

ROA:13.3%
Rating: 64/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:22.4%
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: 2024-10-21T13:51:17.439Z

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