Mormors Ejendomme ApS — Credit Rating and Financial Key Figures

Mormors Ejendomme ApS (CVR number: 41246464) is a company from SYDDJURS. The company recorded a gross profit of 280.1 kDKK in 2023. The operating profit was 227.9 kDKK, while net earnings were 133 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.6 %, which can be considered good but Return on Equity (ROE) was 28.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 33 %, 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. Mormors Ejendomme ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.