MORSING PR ApS — Credit Rating and Financial Key Figures

CVR number: 28514611
Forbindelsesvej 3, 2100 København Ø
tel: 39111214
www.morsingpr.dk

Credit rating

Company information

Official name
MORSING PR ApS
Personnel
15 persons
Established
2005
Company form
Private limited company
Industry
  • Expand more icon733000

About MORSING PR ApS

MORSING PR ApS (CVR number: 28514611) is a company from KØBENHAVN. The company recorded a gross profit of 10.4 mDKK in 2023. The operating profit was 679.4 kDKK, while net earnings were 513.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.5 %, which can be considered excellent and Return on Equity (ROE) was 27.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 35.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. MORSING PR ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit11 326.9211 669.8012 018.3811 715.3710 382.98
EBIT298.8288.78416.30608.28679.41
Net earnings220.9022.61295.70447.07513.05
Shareholders equity total2 057.322 079.922 375.622 622.691 135.74
Balance sheet total (assets)4 335.504 754.853 676.553 786.983 237.76
Net debt- 767.50-1 060.93- 788.81-1 193.60- 202.12
Profitability
EBIT-%
ROA8.0 %2.0 %9.9 %16.3 %19.5 %
ROE10.8 %1.1 %13.3 %17.9 %27.3 %
ROI15.0 %3.7 %16.3 %24.3 %29.6 %
Economic value added (EVA)153.99-4.15296.21385.56451.53
Solvency
Equity ratio47.5 %43.7 %64.6 %69.3 %35.1 %
Gearing30.9 %78.2 %
Relative net indebtedness %
Liquidity
Quick ratio2.11.62.52.91.4
Current ratio2.11.62.52.91.4
Cash and cash equivalents767.501 704.62788.811 193.601 089.88
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:19.5%
Rating: 73/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:35.1%
Rating: 30/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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