FINN MØRUP HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 34485542
Søndergade 47, 8700 Horsens
holding@morup-ureguld.dk
tel: 23449001

Credit rating

Company information

Official name
FINN MØRUP HOLDING ApS
Established
2012
Company form
Private limited company
Industry

About FINN MØRUP HOLDING ApS

FINN MØRUP HOLDING ApS (CVR number: 34485542) is a company from HORSENS. The company reported a net sales of -0.7 mDKK in 2023, demonstrating a decline of 589.8 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: -0.7 mDKK), while net earnings were -690.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.2 %, which can be considered poor and Return on Equity (ROE) was -6.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FINN MØRUP HOLDING ApS's liquidity measured by quick ratio was 70.9 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 sales- 458.93- 113.15355.48- 105.06- 724.75
Gross profit- 465.55- 120.40348.36- 112.31- 732.50
EBIT- 465.55- 120.40348.36- 112.31- 732.50
Net earnings- 433.29-78.66375.63-95.99- 690.91
Shareholders equity total11 302.0911 168.1311 487.2611 334.0710 584.26
Balance sheet total (assets)11 347.9411 228.7911 547.9011 388.9110 618.78
Net debt-26.35- 501.89-1 372.71- 503.52-38.88
Profitability
EBIT-%98.0 %
ROA-3.6 %-0.6 %3.4 %-0.7 %-6.2 %
ROE-3.8 %-0.7 %3.3 %-0.8 %-6.3 %
ROI-3.7 %-0.6 %3.4 %-0.7 %-6.2 %
Economic value added (EVA)-1 065.85- 705.26- 218.01- 692.61-1 312.30
Solvency
Equity ratio99.6 %99.5 %99.5 %99.5 %99.7 %
Gearing
Relative net indebtedness %-4.2 %390.0 %-369.1 %427.1 %0.6 %
Liquidity
Quick ratio32.932.429.329.770.9
Current ratio32.932.429.329.770.9
Cash and cash equivalents26.35501.891 372.71503.5238.88
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-318.3 %-1285.5 %397.9 %-1297.3 %-185.7 %
Credit risk
Credit ratingBBBBBBABBBBBB

Variable visualization

ROA:-6.19%
Rating: 14/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.7%
Rating: 95/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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