MORITZ FINANS ApS — Credit Rating and Financial Key Figures

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

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 3082.2 kDKK in 2024. The operating profit was 835.4 kDKK, while net earnings were 3872.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.4 %, which can be considered decent but Return on Equity (ROE) was 2.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 62.9 %, 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 2.6 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit5 120.545 373.265 230.172 947.543 082.25
EBIT2 862.223 099.482 983.73-13 887.93835.41
Net earnings18 366.35-9 339.3710 605.86-9 243.463 872.22
Shareholders equity total173 100.28163 421.91173 684.57131 441.10135 313.33
Balance sheet total (assets)242 901.04230 070.34236 156.46212 474.63215 212.30
Net debt55 033.75-67 481.50-73 918.67-50 611.22-57 739.16
Profitability
EBIT-%
ROA11.1 %5.7 %6.1 %-3.2 %4.4 %
ROE11.2 %-5.6 %6.3 %-6.1 %2.9 %
ROI11.5 %6.0 %6.3 %-3.3 %4.6 %
Economic value added (EVA)-8 676.66-7 190.49-8 538.57-24 020.78-9 784.28
Solvency
Equity ratio71.3 %71.1 %73.5 %61.9 %62.9 %
Gearing32.7 %33.5 %30.5 %55.8 %53.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.14.04.62.52.6
Current ratio0.14.04.62.52.6
Cash and cash equivalents1 631.24122 150.59126 931.15123 909.50129 622.09
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBA

Variable visualization

ROA:4.40%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:62.9%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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