Morromax ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Morromax ApS
Morromax ApS (CVR number: 39032627) is a company from GULDBORGSUND. The company recorded a gross profit of -76.1 kDKK in 2022. The operating profit was -150.9 kDKK, while net earnings were -250 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.3 %, which can be considered poor and Return on Equity (ROE) was -28 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -58.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Morromax ApS's liquidity measured by quick ratio was 6.3 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 financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 78.93 | 137.28 | 46.31 | 62.95 | -76.13 |
EBIT | 36.67 | 69.72 | -87.92 | 27.29 | - 150.88 |
Net earnings | 2.92 | 40.57 | -82.46 | 99.74 | - 249.98 |
Shareholders equity total | 52.92 | 93.49 | 11.03 | 110.78 | - 139.20 |
Balance sheet total (assets) | 506.26 | 561.80 | 415.20 | 1 444.25 | 1 672.44 |
Net debt | 406.59 | 351.58 | 308.63 | -94.41 | - 127.99 |
Profitability | |||||
EBIT-% | |||||
ROA | 7.2 % | 13.1 % | -18.0 % | 2.9 % | -9.3 % |
ROE | 5.5 % | 55.4 % | -157.8 % | 163.8 % | -28.0 % |
ROI | 7.7 % | 15.1 % | -22.8 % | 8.8 % | -103.2 % |
Economic value added (EVA) | 26.03 | 52.01 | -79.19 | 19.10 | -98.85 |
Solvency | |||||
Equity ratio | 10.5 % | 16.6 % | 2.7 % | 28.2 % | -58.5 % |
Gearing | 799.4 % | 376.8 % | 2847.7 % | 163.5 % | -0.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.7 | 0.8 | 0.4 | 4.0 | 6.3 |
Current ratio | 1.5 | 1.2 | 1.0 | 1.1 | 0.9 |
Cash and cash equivalents | 16.43 | 0.70 | 5.59 | 275.48 | 128.55 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BB | BBB | BB |
Variable visualization
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