MORFARS.DK ApS — Credit Rating and Financial Key Figures

CVR number: 27776175
Hørkær 30, 2730 Herlev
support@morfars.dk
tel: 70259098
www.morfars.dk

Credit rating

Company information

Official name
MORFARS.DK ApS
Personnel
13 persons
Established
2004
Company form
Private limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About MORFARS.DK ApS

MORFARS.DK ApS (CVR number: 27776175) is a company from HERLEV. The company recorded a gross profit of 4276.2 kDKK in 2023. The operating profit was 637.4 kDKK, while net earnings were 607.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.6 %, which can be considered good but Return on Equity (ROE) was 21.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 53.7 %, 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. MORFARS.DK ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit6 530.458 196.034 886.462 985.354 276.24
EBIT2 891.574 064.35797.83-1 084.13637.43
Net earnings2 224.533 123.32562.98-1 022.39607.67
Shareholders equity total4 683.655 806.983 869.962 547.573 155.24
Balance sheet total (assets)8 530.539 570.956 826.675 241.775 874.69
Net debt-4 211.57-4 430.27- 566.80- 276.93-1 581.36
Profitability
EBIT-%
ROA41.6 %44.9 %9.7 %-17.8 %11.6 %
ROE53.3 %59.5 %11.6 %-31.9 %21.3 %
ROI68.6 %77.0 %14.6 %-24.2 %16.0 %
Economic value added (EVA)2 151.213 140.92547.88-1 095.56586.18
Solvency
Equity ratio54.9 %60.7 %56.7 %48.6 %53.7 %
Gearing1.2 %0.1 %31.8 %48.0 %35.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.40.70.61.0
Current ratio2.52.52.31.92.1
Cash and cash equivalents4 267.514 436.971 798.411 500.902 713.76
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBA

Variable visualization

ROA:11.6%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:53.7%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

Companies in the same industry

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