MM MORSØ Holding ApS — Credit Rating and Financial Key Figures

CVR number: 21291684
Vagtelvej 2, 7900 Nykøbing M
erikspanggaard@gmail.com
tel: 97741538

Credit rating

Company information

Official name
MM MORSØ Holding ApS
Established
1998
Company form
Private limited company
Industry

About MM MORSØ Holding ApS

MM MORSØ Holding ApS (CVR number: 21291684) is a company from MORSØ. The company recorded a gross profit of -39.4 kDKK in 2023. The operating profit was -39.4 kDKK, while net earnings were 502.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.7 %, which can be considered excellent and Return on Equity (ROE) was 21 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 98.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MM MORSØ Holding ApS's liquidity measured by quick ratio was 87.3 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 profit606.4228.5820.24-26.28-39.45
EBIT38.690.81-7.52- 343.32-39.45
Net earnings283.4380.00603.88- 677.49502.90
Shareholders equity total2 535.182 504.582 995.462 203.572 588.67
Balance sheet total (assets)2 856.462 800.603 193.122 234.922 618.67
Net debt-1 216.39-1 375.81-2 025.96-2 197.36-2 585.90
Profitability
EBIT-%
ROA12.7 %4.4 %28.9 %-11.3 %20.7 %
ROE11.6 %3.2 %22.0 %-26.1 %21.0 %
ROI13.4 %4.4 %29.5 %-11.5 %21.0 %
Economic value added (EVA)-69.96-51.07-50.02- 386.97-39.76
Solvency
Equity ratio88.8 %89.4 %93.8 %98.6 %98.9 %
Gearing8.3 %6.8 %4.4 %
Relative net indebtedness %
Liquidity
Quick ratio18.016.021.671.387.3
Current ratio18.016.021.671.387.3
Cash and cash equivalents1 427.171 546.972 157.272 197.362 585.90
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBABBBBBB

Variable visualization

ROA:20.7%
Rating: 75/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.9%
Rating: 82/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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