MoreTV Danmark ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MoreTV Danmark ApS
MoreTV Danmark ApS (CVR number: 35863877) is a company from VESTHIMMERLANDS. The company recorded a gross profit of 147.9 kDKK in 2024. The operating profit was -3.3 kDKK, while net earnings were -16 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.4 %, which can be considered poor and Return on Equity (ROE) was -9.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -28.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. MoreTV Danmark ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -48.90 | 23.72 | -91.39 | -12.88 | 147.86 |
EBIT | -69.86 | -83.58 | - 137.37 | - 109.59 | -3.31 |
Net earnings | -61.68 | -70.51 | - 109.99 | -85.46 | -16.00 |
Shareholders equity total | - 587.69 | 141.62 | 31.62 | -58.54 | -74.54 |
Balance sheet total (assets) | 409.12 | 251.55 | 171.75 | 158.48 | 183.89 |
Net debt | 930.43 | -25.57 | 37.24 | 64.83 | 15.03 |
Profitability | |||||
EBIT-% | |||||
ROA | -7.1 % | -13.5 % | -64.9 % | -56.4 % | -1.4 % |
ROE | -14.5 % | -25.6 % | -127.0 % | -89.9 % | -9.3 % |
ROI | -7.4 % | -15.2 % | -107.9 % | -104.9 % | -3.2 % |
Economic value added (EVA) | -75.30 | -79.68 | - 116.01 | -89.42 | -6.19 |
Solvency | |||||
Equity ratio | -59.0 % | 56.3 % | 18.4 % | -27.0 % | -28.8 % |
Gearing | -158.3 % | 4.8 % | 147.8 % | -115.8 % | -74.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.1 | 0.4 | 0.2 | 0.5 | 0.6 |
Current ratio | 0.1 | 0.8 | 0.3 | 0.7 | 0.7 |
Cash and cash equivalents | 32.30 | 9.49 | 2.95 | 40.70 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | B | B | B |
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