MORE ApS — Credit Rating and Financial Key Figures

CVR number: 25332040
Skovalleen 27 B, 2880 Bagsværd
Free credit report Annual report

Company information

Official name
MORE ApS
Established
2000
Company form
Private limited company
Industry

About MORE ApS

MORE ApS (CVR number: 25332040) is a company from GLADSAXE. The company recorded a gross profit of -97.4 kDKK in 2024. The operating profit was -105.2 kDKK, while net earnings were 38.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.9 %, which can be considered decent but Return on Equity (ROE) was 1.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at -42.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. MORE ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-26.59-97.27- 130.04209.00-97.44
EBIT-26.59-97.27- 137.76201.28- 105.16
Net earnings8.36238.21- 429.80188.7138.67
Shareholders equity total-1 823.10-1 584.88-2 014.68-1 825.98-1 787.31
Balance sheet total (assets)2 219.582 620.202 347.082 710.302 410.44
Net debt1 907.871 670.932 309.712 313.792 059.86
Profitability
EBIT-%
ROA4.1 %9.9 %-2.0 %9.4 %4.9 %
ROE0.6 %9.8 %-17.3 %7.5 %1.5 %
ROI4.1 %10.0 %-2.0 %9.4 %4.9 %
Economic value added (EVA)94.70100.99106.26358.82123.18
Solvency
Equity ratio-45.1 %-37.7 %-46.2 %-40.3 %-42.6 %
Gearing-221.1 %-264.4 %-216.0 %-247.8 %-234.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.60.50.60.6
Current ratio0.50.60.50.60.6
Cash and cash equivalents2 122.182 520.072 042.052 211.782 126.28
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:4.86%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-42.6%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

CreditReports API
  • Company information
  • Financial data
  • Credit risk data
  • All 400,000+ Danish companies

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

... and more!

No registration needed.