MORMORS HOLDINGSELSKAB AF 2005 A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About MORMORS HOLDINGSELSKAB AF 2005 A/S
MORMORS HOLDINGSELSKAB AF 2005 A/S (CVR number: 16238171) is a company from RANDERS. The company recorded a gross profit of -15.2 kDKK in 2021. The operating profit was -15.2 kDKK, while net earnings were -635.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.2 %, which can be considered weak but Return on Equity (ROE) was -14.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 74.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. MORMORS HOLDINGSELSKAB AF 2005 A/S's liquidity measured by quick ratio was 3.9 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 financials2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -28.89 | -62.42 | - 150.77 | - 183.33 | -15.23 |
EBIT | -28.89 | -62.42 | - 150.77 | - 183.33 | -15.23 |
Net earnings | - 184.34 | - 796.91 | 1 134.35 | 1 106.25 | - 635.34 |
Shareholders equity total | 8 166.77 | 7 369.86 | 6 504.20 | 5 610.45 | 2 975.12 |
Balance sheet total (assets) | 8 214.83 | 7 417.91 | 6 552.26 | 5 956.65 | 4 015.01 |
Net debt | -8 156.44 | -7 347.51 | -6 512.00 | -5 956.65 | -4 009.44 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.9 % | 3.3 % | 16.9 % | 22.8 % | 0.2 % |
ROE | -2.2 % | -10.3 % | 16.4 % | 18.3 % | -14.8 % |
ROI | 2.9 % | 3.3 % | 17.0 % | 23.6 % | 0.2 % |
Economic value added (EVA) | -26.48 | -62.94 | - 146.37 | - 142.71 | 2.16 |
Solvency | |||||
Equity ratio | 99.4 % | 99.4 % | 99.3 % | 94.2 % | 74.1 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 170.9 | 154.4 | 136.3 | 17.2 | 3.9 |
Current ratio | 170.9 | 154.4 | 136.3 | 17.2 | 3.9 |
Cash and cash equivalents | 8 156.44 | 7 347.51 | 6 512.00 | 5 956.65 | 4 009.44 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BBB | BBB | BBB |
Variable visualization
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