Morits Holding ApS — Credit Rating and Financial Key Figures

CVR number: 44103427
Sædekildegårdvej 59, Bellinge 5250 Odense SV

Credit rating

Company information

Official name
Morits Holding ApS
Established
2023
Domicile
Bellinge
Company form
Private limited company
Industry
  • Expand more icon642120

About Morits Holding ApS

Morits Holding ApS (CVR number: 44103427) is a company from ODENSE. The company recorded a gross profit of -30.9 kDKK in 2024. The operating profit was -30.9 kDKK, while net earnings were 191 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.1 %, which can be considered excellent and Return on Equity (ROE) was 126.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 18.8 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Morits Holding ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2023
2024
Volume
Net sales
Gross profit-36.22-30.87
EBIT-36.22-30.87
Net earnings14.96190.98
Shareholders equity total54.96245.93
Balance sheet total (assets)2 895.891 310.88
Net debt-2 894.69-1 309.18
Profitability
EBIT-%
ROA1.9 %17.1 %
ROE27.2 %126.9 %
ROI97.7 %237.3 %
Economic value added (EVA)-25.95118.69
Solvency
Equity ratio1.9 %18.8 %
Gearing1.7 %0.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.2
Current ratio1.01.2
Cash and cash equivalents2 895.611 310.88
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBB

Variable visualization

ROA:17.1%
Rating: 69/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:18.8%
Rating: 18/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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