SØREN MØRCH ApS — Credit Rating and Financial Key Figures

CVR number: 10788870
Jens Juels Gade 4, 2100 København Ø
tel: 35430897
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Company information

Official name
SØREN MØRCH ApS
Personnel
1 person
Established
1987
Company form
Private limited company
Industry

About SØREN MØRCH ApS

SØREN MØRCH ApS (CVR number: 10788870) is a company from KØBENHAVN. The company reported a net sales of 0 mDKK in 2023, demonstrating a decline of -7.2 % compared to the previous year. The operating profit percentage was poor at -451.1 % (EBIT: -0 mDKK), while net earnings were -47.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -24.6 %, which can be considered poor and Return on Equity (ROE) was -35.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 63.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. SØREN MØRCH ApS's liquidity measured by quick ratio was 2.7 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales62.1671.6667.9511.2410.44
Gross profit62.1671.6667.95-37.86-33.95
EBIT11.1014.172.19-50.86-47.08
Net earnings6.5918.380.60-53.06-47.08
Shareholders equity total191.11209.48210.09157.02109.95
Balance sheet total (assets)473.33356.08326.63208.90173.75
Net debt- 241.15- 250.43- 255.00- 208.90- 173.75
Profitability
EBIT-%17.9 %19.8 %3.2 %-452.4 %-451.1 %
ROA2.7 %3.4 %0.7 %-19.0 %-24.6 %
ROE3.5 %9.2 %0.3 %-28.9 %-35.3 %
ROI6.0 %7.1 %1.1 %-27.7 %-35.3 %
Economic value added (EVA)5.9220.864.24-48.60-44.47
Solvency
Equity ratio40.4 %58.8 %64.3 %75.2 %63.3 %
Gearing
Relative net indebtedness %66.1 %-144.9 %-203.8 %-1396.8 %-1053.6 %
Liquidity
Quick ratio1.32.02.54.02.7
Current ratio1.32.02.54.02.7
Cash and cash equivalents241.15250.43255.00208.90173.75
Capital use efficiency
Trade debtors turnover (days)728.4
Net working capital %134.7 %204.9 %265.6 %1396.8 %1053.6 %
Credit risk
Credit ratingBBBBBBBBCB

Variable visualization

ROA:-24.6%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:63.3%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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