MORMET ApS

CVR number: 36452366
Arnum Nørremark 30, 6510 Gram
ron@mormet.dk

Credit rating

Company information

Official name
MORMET ApS
Personnel
1 person
Established
2014
Company form
Private limited company
Industry
  • Expand more icon25Manufacture of fabricated metal products, except machinery and equipment

About MORMET ApS

MORMET ApS (CVR number: 36452366) is a company from HADERSLEV. The company recorded a gross profit of 27.4 kDKK in 2021. The operating profit was 26.6 kDKK, while net earnings were -12 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.6 %, which can be considered weak but Return on Equity (ROE) was -15.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -99.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. MORMET 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20172018201920202021
Volume
Net sales
Gross profit1 355.00913.00531.00335.0027.43
EBIT- 666.00- 420.00- 859.00-71.0026.60
Net earnings- 555.00- 361.00- 712.00-88.00-12.01
Shareholders equity total- 460.00- 821.00-1 533.00-1 621.00-1 633.16
Balance sheet total (assets)2 115.001 294.00566.00152.002.10
Net debt2 036.001 970.001 969.001 671.001 633.36
Profitability
EBIT-%
ROA-40.9 %-17.4 %-40.7 %-3.5 %1.6 %
ROE-50.2 %-21.2 %-76.6 %-24.5 %-15.6 %
ROI-55.9 %-20.3 %-43.5 %-3.7 %1.6 %
Economic value added (EVA)- 524.65- 304.36- 628.5822.70108.06
Solvency
Equity ratio-17.9 %-38.8 %-73.0 %-91.4 %-99.9 %
Gearing-442.6 %-240.1 %-128.4 %-103.1 %-100.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.40.20.10.0
Current ratio0.60.40.20.10.0
Cash and cash equivalents1.001.90
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBC

Variable visualization

ROA:1.56%
Rating: 28/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-99.9%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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