Mørenot Denmark A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 6 738.00 | 11 618.00 | 12 709.00 | 13 985.00 | 8 763.00 |
EBIT | -10 371.00 | -3 919.00 | -30 611.00 | - 257.00 | -5 450.00 |
Net earnings | -10 745.00 | -4 127.00 | -30 406.00 | 395.00 | -4 329.00 |
Shareholders equity total | -42 848.00 | -38 610.00 | 53 713.00 | 54 108.00 | 49 779.00 |
Balance sheet total (assets) | 70 445.00 | 58 603.00 | 96 156.00 | 81 434.00 | 61 790.00 |
Net debt | 13 729.00 | 1 310.00 | |||
Profitability | |||||
EBIT-% | |||||
ROA | -9.2 % | -3.7 % | -31.7 % | 0.1 % | -7.0 % |
ROE | 55.1 % | 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 ratio | 100.0 % | 66.7 % | 80.6 % | ||
Gearing | 30.1 % | 8.0 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.1 | 2.2 | |||
Current ratio | 0.1 | 3.3 | |||
Cash and cash equivalents | 2 551.00 | 2 648.00 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BB | A | BBB |
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