MORITZ FINANS ApS — Credit Rating and Financial Key Figures

CVR number: 35142967
Dronningensvej 15, 5800 Nyborg
emh@carringtonfarms.co.uk
tel: 46561000

Company information

Official name
MORITZ FINANS ApS
Personnel
3 persons
Established
2013
Company form
Private limited company
Industry

About MORITZ FINANS ApS

MORITZ FINANS ApS (CVR number: 35142967) is a company from NYBORG. The company recorded a gross profit of 2947.5 kDKK in 2023. The operating profit was -13.9 mDKK, while net earnings were -9243.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.2 %, which can be considered poor and Return on Equity (ROE) was -6.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 61.9 %, 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. MORITZ FINANS ApS's liquidity measured by quick ratio was 2.5 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit4 447.785 120.545 373.265 230.172 947.54
EBIT2 195.772 862.223 099.482 983.73-13 887.93
Net earnings2 283.4118 366.35-9 339.3710 605.86-9 243.46
Shareholders equity total155 065.73173 100.28163 421.91173 684.57131 441.10
Balance sheet total (assets)221 344.86242 901.04230 070.34236 156.46212 474.63
Net debt53 506.8755 033.75-67 481.50-73 918.67-50 611.22
Profitability
EBIT-%
ROA2.4 %11.1 %5.7 %6.1 %-3.2 %
ROE1.5 %11.2 %-5.6 %6.3 %-6.1 %
ROI4.3 %11.5 %6.0 %6.3 %-3.3 %
Economic value added (EVA)-7 426.43-7 242.79-5 913.50-1 198.69-16 480.29
Solvency
Equity ratio70.1 %71.3 %71.1 %73.5 %61.9 %
Gearing37.8 %32.7 %33.5 %30.5 %55.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.14.04.62.5
Current ratio0.20.14.04.62.5
Cash and cash equivalents5 154.961 631.24122 150.59126 931.15123 909.50
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAAAA

Variable visualization

ROA:-3.22%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:61.9%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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