Morsø VVS-service ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Morsø VVS-service ApS
Morsø VVS-service ApS (CVR number: 42910473) is a company from MORSØ. The company recorded a gross profit of 416.7 kDKK in 2024. The operating profit was -73.9 kDKK, while net earnings were -60.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -40.7 %, which can be considered poor and Return on Equity (ROE) was -58.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -21.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Morsø VVS-service ApS's liquidity measured by quick ratio was 0.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2022 | 2023 | 2024 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | 566.11 | 400.82 | 416.67 |
EBIT | 71.32 | - 112.86 | -73.94 |
Net earnings | 52.51 | -89.20 | -60.39 |
Shareholders equity total | 92.51 | 3.31 | -57.08 |
Balance sheet total (assets) | 238.72 | 101.97 | 204.11 |
Net debt | -91.42 | -21.31 | 22.57 |
Profitability | |||
EBIT-% | |||
ROA | 29.9 % | -66.3 % | -40.7 % |
ROE | 56.8 % | -186.2 % | -58.2 % |
ROI | 77.1 % | -203.4 % | -97.2 % |
Economic value added (EVA) | 55.41 | -92.87 | -58.61 |
Solvency | |||
Equity ratio | 38.8 % | 3.2 % | -21.9 % |
Gearing | 458.2 % | -234.1 % | |
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 1.6 | 1.0 | 0.8 |
Current ratio | 1.6 | 1.0 | 0.8 |
Cash and cash equivalents | 91.42 | 36.48 | 111.02 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | BB | BB | BB |
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