MORTEN KENNE ApS — Credit Rating and Financial Key Figures

CVR number: 30242475
Mosebakken 1, Harte 6000 Kolding
mk@29408807.dk
tel: 75558807
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Credit rating

Company information

Official name
MORTEN KENNE ApS
Personnel
3 persons
Established
2007
Domicile
Harte
Company form
Private limited company
Industry

About MORTEN KENNE ApS

MORTEN KENNE ApS (CVR number: 30242475) is a company from KOLDING. The company recorded a gross profit of 2987.9 kDKK in 2024. The operating profit was 426.8 kDKK, while net earnings were 298.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.5 %, which can be considered excellent and Return on Equity (ROE) was 31.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 42.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. MORTEN KENNE ApS's liquidity measured by quick ratio was 1.6 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 683.102 559.692 814.082 740.002 987.90
EBIT14.60616.15634.25361.00426.75
Net earnings0.23461.31479.68264.00298.56
Shareholders equity total299.02760.33940.01904.001 002.51
Balance sheet total (assets)2 072.662 289.452 393.952 494.002 379.27
Net debt- 267.39- 427.05- 373.86-31.0044.80
Profitability
EBIT-%
ROA1.0 %28.2 %27.1 %14.8 %17.5 %
ROE0.1 %87.1 %56.4 %28.6 %31.3 %
ROI3.0 %68.0 %55.2 %27.2 %30.6 %
Economic value added (EVA)-12.06448.84446.45218.60257.52
Solvency
Equity ratio14.4 %33.2 %39.3 %36.2 %42.1 %
Gearing93.7 %20.6 %28.3 %57.6 %34.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.51.51.51.6
Current ratio1.21.71.61.61.7
Cash and cash equivalents547.47583.80640.09552.00298.72
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:17.5%
Rating: 70/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:42.1%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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