Per Morgen ApS — Credit Rating and Financial Key Figures

CVR number: 26849543
Brogade 1, 4220 Korsør

Credit rating

Company information

Official name
Per Morgen ApS
Personnel
4 persons
Established
2002
Company form
Private limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About Per Morgen ApS

Per Morgen ApS (CVR number: 26849543) is a company from SLAGELSE. The company reported a net sales of 0.1 mDKK in 2023, demonstrating a decline of 0 % compared to the previous year. The operating profit percentage was poor at -24.7 % (EBIT: -0 mDKK), while net earnings were 45.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.5 %, which can be considered weak and Return on Equity (ROE) was 2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 68.5 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Per Morgen ApS's liquidity measured by quick ratio was 1.6 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales2 188.31120.00120.00
Gross profit1 547.42178.5557.044.119.91
EBIT153.50139.0217.51-35.42-29.62
Net earnings72.52154.78- 100.36-16.9245.34
Shareholders equity total2 400.342 555.112 454.762 320.032 243.37
Balance sheet total (assets)4 838.194 039.423 800.323 534.033 275.93
Net debt204.04-72.72-62.32112.4784.78
Profitability
EBIT-%7.0 %-29.5 %-24.7 %
ROA3.4 %5.6 %1.4 %0.8 %2.5 %
ROE3.1 %6.2 %-4.0 %-0.7 %2.0 %
ROI4.5 %6.7 %1.5 %0.9 %2.6 %
Economic value added (EVA)20.5717.57-54.78-99.91- 109.54
Solvency
Equity ratio49.6 %63.3 %64.6 %65.6 %68.5 %
Gearing36.9 %39.6 %36.8 %32.2 %25.2 %
Relative net indebtedness %67.2 %220.2 %190.4 %
Liquidity
Quick ratio0.91.51.61.71.6
Current ratio1.21.51.61.71.6
Cash and cash equivalents682.681 083.31966.90634.68480.25
Capital use efficiency
Trade debtors turnover (days)63.4
Net working capital %22.9 %476.9 %376.5 %
Credit risk
Credit ratingABBBBBBBBBBBB

Variable visualization

ROA:2.45%
Rating: 32/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:68.5%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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