MORSINGS EN3PRENØRKØRSEL ApS — Credit Rating and Financial Key Figures

CVR number: 77907319
Postmosen 144, 3400 Hillerød
morsings@morsings.dk

Credit rating

Company information

Official name
MORSINGS EN3PRENØRKØRSEL ApS
Personnel
1 person
Established
1984
Company form
Private limited company
Industry

About MORSINGS EN3PRENØRKØRSEL ApS

MORSINGS EN3PRENØRKØRSEL ApS (CVR number: 77907319) is a company from HILLERØD. The company recorded a gross profit of 476.7 kDKK in 2023. The operating profit was -23.5 kDKK, while net earnings were -147.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2 %, which can be considered poor and Return on Equity (ROE) was -20.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 53.2 %, 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. MORSINGS EN3PRENØRKØRSEL ApS's liquidity measured by quick ratio was 1.8 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit572.00708.00576.00417.00476.66
EBIT-12.0027.00-53.00- 103.00-23.46
Net earnings115.00505.00- 388.00169.00- 147.72
Shareholders equity total794.001 188.00687.00846.00580.11
Balance sheet total (assets)1 703.001 567.001 190.00982.001 090.05
Net debt- 316.00- 928.00- 383.00- 601.00- 351.31
Profitability
EBIT-%
ROA9.1 %36.8 %-3.6 %17.0 %-2.0 %
ROE14.5 %51.0 %-41.4 %22.0 %-20.7 %
ROI12.5 %46.6 %-4.1 %19.7 %-2.7 %
Economic value added (EVA)-17.6319.26-58.10- 104.51-35.45
Solvency
Equity ratio46.6 %75.8 %57.7 %86.2 %53.2 %
Gearing52.1 %14.7 %45.3 %0.2 %15.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.63.41.85.91.8
Current ratio1.63.41.85.91.8
Cash and cash equivalents730.001 103.00694.00603.00439.16
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBBBB

Variable visualization

ROA:-2.03%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:53.2%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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