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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 AALBORG. The company recorded a gross profit of -1911 kDKK in 2025. The operating profit was -13.4 mDKK, while net earnings were -15.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was -38.6 %, which can be considered poor and Return on Equity (ROE) was -37.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 90 %, 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 7.4 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 financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 11 618.00 | 12 709.00 | 13 985.00 | 8 763.00 | -1 911.00 |
| EBIT | -3 919.00 | -30 611.00 | - 257.00 | -5 450.00 | -13 443.00 |
| Net earnings | -4 127.00 | -30 406.00 | 395.00 | -4 329.00 | -15 792.00 |
| Shareholders equity total | 38 610.00 | 53 713.00 | 54 108.00 | 49 779.00 | 33 987.00 |
| Balance sheet total (assets) | 58 603.00 | 96 156.00 | 81 434.00 | 61 790.00 | 37 776.00 |
| Net debt | 1 310.00 | 190.00 | |||
| Profitability | |||||
| EBIT-% | |||||
| ROA | -4.6 % | -39.6 % | -0.3 % | -7.0 % | -38.6 % |
| ROE | 194.8 % | -65.9 % | 0.7 % | -8.3 % | -37.7 % |
| ROI | -4.6 % | -39.6 % | -0.3 % | -7.4 % | -43.0 % |
| Economic value added (EVA) | -1 765.89 | -32 551.15 | -2 956.08 | -7 268.30 | -12 596.84 |
| Solvency | |||||
| Equity ratio | 100.0 % | 100.0 % | 100.0 % | 80.6 % | 90.0 % |
| Gearing | 8.0 % | 4.9 % | |||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 2.2 | 7.4 | |||
| Current ratio | 3.3 | 7.4 | |||
| Cash and cash equivalents | 2 648.00 | 1 488.00 | |||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | BBB | BBB | BB |
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