Tømrerfirmaet Morsø & Nielsen ApS — Credit Rating and Financial Key Figures

CVR number: 42575933
Slettensvej 245, Lumby 5270 Odense N
Sn94@live.dk
tel: 28151994

Company information

Official name
Tømrerfirmaet Morsø & Nielsen ApS
Personnel
2 persons
Established
2021
Domicile
Lumby
Company form
Private limited company
Industry

About Tømrerfirmaet Morsø & Nielsen ApS

Tømrerfirmaet Morsø & Nielsen ApS (CVR number: 42575933) is a company from ODENSE. The company recorded a gross profit of 861.4 kDKK in 2024. The operating profit was 120.4 kDKK, while net earnings were 92.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 36.9 %, which can be considered excellent and Return on Equity (ROE) was 62.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 47.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Tømrerfirmaet Morsø & Nielsen ApS's liquidity measured by quick ratio was 1.8 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
2022
2023
2024
Volume
Net sales
Gross profit816.70634.25861.38
EBIT9.6372.02120.43
Net earnings6.0955.2792.22
Shareholders equity total46.09101.36193.58
Balance sheet total (assets)297.85243.07409.75
Net debt- 155.36- 109.33- 287.18
Profitability
EBIT-%
ROA3.2 %26.6 %36.9 %
ROE13.2 %75.0 %62.5 %
ROI20.2 %95.2 %78.0 %
Economic value added (EVA)7.4153.5688.37
Solvency
Equity ratio15.5 %41.7 %47.2 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.01.51.8
Current ratio1.01.51.8
Cash and cash equivalents155.36109.33287.18
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:36.9%
Rating: 87/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:47.2%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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