MORSØ ID-COLLECTION ApS — Credit Rating and Financial Key Figures

CVR number: 17071580
Fjeldhammervej 5, 2610 Rødovre
tel: 38770080

Credit rating

Company information

Official name
MORSØ ID-COLLECTION ApS
Personnel
1 person
Established
1993
Company form
Private limited company
Industry

About MORSØ ID-COLLECTION ApS

MORSØ ID-COLLECTION ApS (CVR number: 17071580) is a company from RØDOVRE. The company recorded a gross profit of 277.5 kDKK in 2023. The operating profit was 33.3 kDKK, while net earnings were 25.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.6 %, which can be considered decent but Return on Equity (ROE) was 8.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 74.1 %, 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. MORSØ ID-COLLECTION ApS's liquidity measured by quick ratio was 4.1 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 profit331.93204.31293.46323.99277.51
EBIT2.83-0.8225.3356.0933.32
Net earnings1.69-0.7220.4249.0225.39
Shareholders equity total232.29231.57251.99301.01306.39
Balance sheet total (assets)670.19571.94695.31611.44413.56
Net debt- 630.58- 529.63- 286.77- 466.92- 398.60
Profitability
EBIT-%
ROA0.5 %0.2 %4.9 %9.9 %6.6 %
ROE0.7 %-0.3 %8.4 %17.7 %8.4 %
ROI1.2 %0.4 %12.7 %23.4 %11.2 %
Economic value added (EVA)6.3519.1934.3345.5033.98
Solvency
Equity ratio34.7 %40.5 %36.2 %49.2 %74.1 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.61.71.62.04.1
Current ratio1.61.71.62.04.1
Cash and cash equivalents630.58529.63286.77466.92398.60
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:6.63%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:74.1%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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