MORSØ TØMRER- OG SNEDKERFORRETNING A/S — Credit Rating and Financial Key Figures

MORSØ TØMRER- OG SNEDKERFORRETNING A/S (CVR number: 32091113) is a company from MORSØ. The company recorded a gross profit of 14.6 mDKK in 2023. The operating profit was 1443.7 kDKK, while net earnings were 1058.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11 %, which can be considered good but Return on Equity (ROE) was 30.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 25.6 %, 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 TØMRER- OG SNEDKERFORRETNING A/S'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.