MORMORS HOLDINGSELSKAB AF 2005 A/S — Credit Rating and Financial Key Figures

CVR number: 16238171
Ternevej 2, Stevnstrup 8870 Langå
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Credit rating

Company information

Official name
MORMORS HOLDINGSELSKAB AF 2005 A/S
Established
1992
Domicile
Stevnstrup
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2017
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- 796.911 134.351 106.25- 635.34
Shareholders equity total8 166.777 369.866 504.205 610.452 975.12
Balance sheet total (assets)8 214.837 417.916 552.265 956.654 015.01
Net debt-8 156.44-7 347.51-6 512.00-5 956.65-4 009.44
Profitability
EBIT-%
ROA2.9 %3.3 %16.9 %22.8 %0.2 %
ROE-2.2 %-10.3 %16.4 %18.3 %-14.8 %
ROI2.9 %3.3 %17.0 %23.6 %0.2 %
Economic value added (EVA)-26.48-62.94- 146.37- 142.712.16
Solvency
Equity ratio99.4 %99.4 %99.3 %94.2 %74.1 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio170.9154.4136.317.23.9
Current ratio170.9154.4136.317.23.9
Cash and cash equivalents8 156.447 347.516 512.005 956.654 009.44
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:0.20%
Rating: 21/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:74.1%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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