MORS LARSEN A/S — Credit Rating and Financial Key Figures

CVR number: 27967019
Lindevangsvej 4, 8240 Risskov
tel: 24882566

Company information

Official name
MORS LARSEN A/S
Personnel
3 persons
Established
2006
Company form
Limited company
Industry

About MORS LARSEN A/S

MORS LARSEN A/S (CVR number: 27967019) is a company from AARHUS. The company recorded a gross profit of -891.6 kDKK in 2024. The operating profit was -2035 kDKK, while net earnings were 11.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 17.6 %, which can be considered excellent and Return on Equity (ROE) was 16.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 83.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MORS LARSEN A/S's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit1 192.42161.79564.582 054.34- 891.63
EBIT- 288.59-1 622.15-1 553.621 265.63-2 034.97
Net earnings9 558.6518 467.5926 065.82-16 553.4611 367.74
Shareholders equity total62 402.0870 869.6789 935.4865 699.2771 567.01
Balance sheet total (assets)75 469.6478 939.6293 299.9370 256.8885 503.69
Net debt12 747.25-6 114.09-30 378.76-23 497.6513 525.04
Profitability
EBIT-%
ROA13.7 %25.0 %32.9 %-14.9 %17.6 %
ROE16.0 %27.7 %32.4 %-21.3 %16.6 %
ROI14.5 %25.1 %33.0 %-15.0 %17.9 %
Economic value added (EVA)-3 754.26-5 352.19-5 494.25-3 405.13-5 486.89
Solvency
Equity ratio82.7 %89.8 %96.4 %93.5 %83.7 %
Gearing20.5 %11.0 %3.4 %4.6 %19.0 %
Relative net indebtedness %
Liquidity
Quick ratio2.47.585.426.71.0
Current ratio2.57.585.926.91.0
Cash and cash equivalents37.7413 877.5233 393.7426 493.22106.99
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBA

Variable visualization

ROA:17.6%
Rating: 70/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:83.7%
Rating: 63/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

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