Mørenot Denmark A/S — Credit Rating and Financial Key Figures

CVR number: 12782640
Havnepladsen 16, Hvalpsund 9640 Farsø
tel: 98638203

Credit rating

Company information

Official name
Mørenot Denmark A/S
Personnel
14 persons
Established
1989
Domicile
Hvalpsund
Company form
Limited company
Industry

About Mørenot Denmark A/S

Mørenot Denmark A/S (CVR number: 12782640) is a company from VESTHIMMERLANDS. The company recorded a gross profit of 8763 kDKK in 2024. The operating profit was -5450 kDKK, while net earnings were -4329 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7 %, which can be considered poor and Return on Equity (ROE) was -8.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 80.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Mørenot Denmark A/S's liquidity measured by quick ratio was 2.2 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit6 738.0011 618.0012 709.0013 985.008 763.00
EBIT-10 371.00-3 919.00-30 611.00- 257.00-5 450.00
Net earnings-10 745.00-4 127.00-30 406.00395.00-4 329.00
Shareholders equity total-42 848.00-38 610.0053 713.0054 108.0049 779.00
Balance sheet total (assets)70 445.0058 603.0096 156.0081 434.0061 790.00
Net debt13 729.001 310.00
Profitability
EBIT-%
ROA-9.2 %-3.7 %-31.7 %0.1 %-7.0 %
ROE55.1 %10.1 %-402.6 %0.7 %-8.3 %
ROI-9.9 %-3.7 %-31.7 %0.1 %-8.1 %
Economic value added (EVA)-10 931.47-1 765.89-28 670.85-2 881.55-7 140.11
Solvency
Equity ratio100.0 %66.7 %80.6 %
Gearing30.1 %8.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.12.2
Current ratio0.13.3
Cash and cash equivalents2 551.002 648.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBABBB

Variable visualization

ROA:-7.01%
Rating: 13/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:80.6%
Rating: 60/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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