ORNESTATION MORS ApS — Credit Rating and Financial Key Figures

ORNESTATION MORS ApS (CVR number: 15692987) is a company from MORSØ. The company recorded a gross profit of 62.4 mDKK in 2023. The operating profit was 10.8 mDKK, while net earnings were 4727.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.4 %, which can be considered decent but Return on Equity (ROE) was 12 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 23 %, 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. ORNESTATION MORS 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.