Morph Operations ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Morph Operations ApS
Morph Operations ApS (CVR number: 42319015) is a company from KØBENHAVN. The company recorded a gross profit of -651.6 kDKK in 2023. The operating profit was -1386.4 kDKK, while net earnings were -1391.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -41.7 %, which can be considered poor and Return on Equity (ROE) was -53.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -55.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Morph Operations ApS's liquidity measured by quick ratio was 4.4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | - 883.91 | 1 941.28 | - 651.55 |
EBIT | -1 306.17 | 1 246.51 | -1 386.35 |
Net earnings | -1 307.03 | 1 240.43 | -1 391.54 |
Shareholders equity total | -1 267.03 | -26.60 | -1 418.14 |
Balance sheet total (assets) | 1 360.46 | 2 734.97 | 2 463.17 |
Net debt | 1 723.10 | 585.06 | 2 135.34 |
Profitability | |||
EBIT-% | |||
ROA | -49.7 % | 46.3 % | -41.7 % |
ROE | -96.1 % | 60.6 % | -53.5 % |
ROI | -71.0 % | 95.9 % | -69.1 % |
Economic value added (EVA) | -1 306.17 | 1 315.98 | -1 376.13 |
Solvency | |||
Equity ratio | -61.6 % | -1.3 % | -55.6 % |
Gearing | -145.1 % | -2863.9 % | -154.1 % |
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 1.2 | 1.4 | 4.4 |
Current ratio | 0.4 | 0.9 | 0.9 |
Cash and cash equivalents | 115.28 | 176.79 | 50.40 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | B | BBB | BB |
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